Singapore proposes to strengthen GAAR, introduce tax avoidance surcharge

Singapore’s Ministry of Finance on 20 July proposed a number of amendments to the Income Tax Act, including changes to the general anti-avoidance rule (GAAR) regime. Read the article written by Eugene Lim and Janus Lim and featured in MNE Tax.

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For further inquiries regarding this alert, please contact:

Eugene Lim
Co-Founder and Principal, Taxise Asia LLC
+65 6304 7989
Janus Lim
Senior Associate, Taxise Asia LLC
+65 6304 8006