• 68
  • 27
  • Favorite

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment27

  • Ski58
    ·2021-06-08
    Hmm [Smile] 
    Reply
    Report
  • 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.
    Reply
    Report
  • fcbergkamp
    ·2021-06-08
    Like n comment thanks 
    Reply
    Report
    Fold Replies
  • Couragesther
    ·2021-06-08
    Like and comment please 
    Reply
    Report
    Fold Replies
    • fcbergkamp
      Comment thanks
      2021-06-08
      Reply
      Report
  • Gfree
    ·2021-06-08
    Like and comment pls
    Reply
    Report
    Fold Replies
    • ZEROHERO
      Done
      2021-06-08
      Reply
      Report
  • Genes
    ·2021-06-08
    Ok
    Reply
    Report
  • duhduhduh
    ·2021-06-08
    Agreed
    Reply
    Report
  • cc21
    ·2021-06-08
    Seems like a coordinated approach to make them attractive to business?
    Reply
    Report
    Fold Replies
    • ET2021
      yup. seems so in hanging up
      2021-06-10
      Reply
      Report
  • FrankPang
    ·2021-06-08
    Comment pls
    Reply
    Report
    Fold Replies
    • EmmanuelQeen
      ok, pls give response to this reply too.
      2021-06-08
      Reply
      Report
  • tinacheekyle
    ·2021-06-08
    Like and comment
    Reply
    Report
    Fold Replies
  • schsch
    ·2021-06-08
    please like and respone 
    Reply
    Report
    Fold Replies
    • 4ebeaef4
      Sure
      2021-06-08
      Reply
      Report
  • 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.
    Reply
    Report
    Fold Replies
    • ngph
      Agree
      2021-06-08
      Reply
      Report
  • Dzdz55
    ·2021-06-08
    Ok sg
    Reply
    Report
    Fold Replies
    • schsch
      ok
      2021-06-08
      Reply
      Report
  • Jbun
    ·2021-06-08
    Hey!
    Reply
    Report
    Fold Replies
    • grrrr_nt
      !!!
      2021-06-08
      Reply
      Report
  • sleepymoon
    ·2021-06-08
    Please like and comment 
    Reply
    Report
    Fold Replies
    • Segaboy
      Comment back pls
      2021-06-08
      Reply
      Report
    • Gfree
      ok
      2021-06-08
      Reply
      Report
    • Caliban
      comment back
      2021-06-08
      Reply
      Report
  • Flashtrade
    ·2021-06-08
    Pls comment and like it
    Reply
    Report
    Fold Replies
    • Flashtrade
      Pls comment Back. thanks
      2021-06-08
      Reply
      Report
    • sleepymoon
      Done
      2021-06-08
      Reply
      Report
  • cutemiao
    ·2021-06-08
    Good.
    Reply
    Report
    Fold Replies
    • Tubaron
      AmAzing
      2021-06-08
      Reply
      Report
    • Shermmss
      cool
      2021-06-08
      Reply
      Report
    • mintmochi
      Yes
      2021-06-08
      Reply
      Report
  • Kaycee
    ·2021-06-08
    [Strong] 
    Reply
    Report
    Fold Replies
    • Kaycee
      [OK]
      2021-06-13
      Reply
      Report
    • GraceSaw
      [Strong]
      2021-06-08
      Reply
      Report
    • Zarkness
      Good. hows ur day mate?
      2021-06-08
      Reply
      Report
  • GraceSaw
    ·2021-06-08
    [Strong] 
    Reply
    Report
    Fold Replies
    • Zarkness
      Hi grace. ?
      2021-06-08
      Reply
      Report
    • Kaycee
      [Strong]
      2021-06-08
      Reply
      Report
  • 5D1T2
    ·2021-06-08
    Good news
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial