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Singapore proposes changes to the Income Tax Act

Document   •   Sep 10, 2014 16:06 +08

On 4 July 2014, the Ministry of Finance (MOF) issued the draft Income Tax (Amendment) Bill 2014 for public consultation. The draft Bill mainly contains tax changes proposed at the 2014 Budget. In addition, a number of non-Budget changes to existing tax policies and administration have been proposed. These arose from the on-going review of Singapore’s income tax system.
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