New global tax rules should not weaken incentives for businesses -Singapore

Reuters2021-06-08

SINGAPORE, June 8 (Reuters) - New international tax rules should not inadvertently weaken incentives for businesses to invest and innovate, Singapore's finance minister said on Tuesday, after the Group of Seven countries agreed to back a minimum global corporate tax rate.

"Otherwise, countries will all be worse off, fighting over our share of a shrinking revenue pie," Lawrence Wong said in a Facebook post.

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Comments

  • Ski58
    2021-06-08
    Ski58
    Hmm [Smile] 
  • ZEROHERO
    2021-06-08
    ZEROHERO
    It’s getting tougher for biz to survive esp with the pandemic disruption. Time to attract the wealthy and the talented to invest, improve & innovate in this safe & secure city state.
  • fcbergkamp
    2021-06-08
    fcbergkamp
    Like n comment thanks 
  • Couragesther
    2021-06-08
    Couragesther
    Like and comment please 
  • Gfree
    2021-06-08
    Gfree
    Like and comment pls
  • Genes
    2021-06-08
    Genes
    Ok
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