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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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  • Ski58
    ·2021-06-08
    Hmm [Smile] 
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  • ZEROHERO
    ·2021-06-08
    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.
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  • fcbergkamp
    ·2021-06-08
    Like n comment thanks 
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  • Couragesther
    ·2021-06-08
    Like and comment please 
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    • fcbergkamp
      Comment thanks
      2021-06-08
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  • Gfree
    ·2021-06-08
    Like and comment pls
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    • ZEROHERO
      Done
      2021-06-08
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  • Genes
    ·2021-06-08
    Ok
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  • duhduhduh
    ·2021-06-08
    Agreed
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  • cc21
    ·2021-06-08
    Seems like a coordinated approach to make them attractive to business?
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    • ET2021
      yup. seems so in hanging up
      2021-06-10
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  • FrankPang
    ·2021-06-08
    Comment pls
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    • EmmanuelQeen
      ok, pls give response to this reply too.
      2021-06-08
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  • tinacheekyle
    ·2021-06-08
    Like and comment
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  • schsch
    ·2021-06-08
    please like and respone 
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    • 4ebeaef4
      Sure
      2021-06-08
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  • pekss
    ·2021-06-08
    The G7 will still have to ratify it in their respective countries before it becomes law, and that will take time, so any impact will not be immediate and the affected companies and countries will have time to react.
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    • ngph
      Agree
      2021-06-08
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  • Dzdz55
    ·2021-06-08
    Ok sg
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    • schsch
      ok
      2021-06-08
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  • Jbun
    ·2021-06-08
    Hey!
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    • grrrr_nt
      !!!
      2021-06-08
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  • sleepymoon
    ·2021-06-08
    Please like and comment 
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    • Segaboy
      Comment back pls
      2021-06-08
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    • Gfree
      ok
      2021-06-08
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    • Caliban
      comment back
      2021-06-08
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  • Flashtrade
    ·2021-06-08
    Pls comment and like it
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    • Flashtrade
      Pls comment Back. thanks
      2021-06-08
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    • sleepymoon
      Done
      2021-06-08
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  • cutemiao
    ·2021-06-08
    Good.
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    • Tubaron
      AmAzing
      2021-06-08
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    • Shermmss
      cool
      2021-06-08
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    • mintmochi
      Yes
      2021-06-08
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  • Kaycee
    ·2021-06-08
    [Strong] 
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    • Kaycee
      [OK]
      2021-06-13
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    • GraceSaw
      [Strong]
      2021-06-08
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    • Zarkness
      Good. hows ur day mate?
      2021-06-08
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  • GraceSaw
    ·2021-06-08
    [Strong] 
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    • Zarkness
      Hi grace. ?
      2021-06-08
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    • Kaycee
      [Strong]
      2021-06-08
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  • 5D1T2
    ·2021-06-08
    Good news
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