Singapore Answers Hong Kong's Tax Cut with Tax-Free Profits, Multi-Employer Visa - VnExpress International
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4 Articles
The Fine Print in Singapore's New Fund Tax Break That Crypto Managers Should Read
The Monetary Authority of Singapore announced a package of measures on August 19 meant to keep Singapore competitive as an asset management hub, an industry MAS says has grown 7.5% a year over the past five years to almost S$7 trillion under management and now accounts for roughly 15% of the financial sector's output. The package has three parts: a tax exemption on profit-related returns earned by fund managers from qualifying funds, a new MAS H…
Singapore answers Hong Kong's tax cut with tax-free profits, multi-employer visa - VnExpress International
Singapore will exempt fund managers' share of investment profits from tax and create a new work pass track for senior investment professionals as competition with Hong Kong intensifies, the Monetary Authority of Singapore said on Aug. 19. - VnExpress International
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