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Tag: tax

Posted on 21/02/2024

Singapore secures exclusive ‘Eras Tour’ stop with financial support for Taylor Swift

Photo from Swift's Instagram Swift is set to perform six sold-out shows in Singapore early in March.The tourism board and culture ministry did not disclose the amount of the grant, but in a ...

Posted on 21/02/2024

CNA Explains: What’s the Gini coefficient and what does it say about inequality in Singapore?

The gap between Singapore's richest and poorest is at its smallest in more than two decades, according to the Gini coefficient.

Posted on 21/02/2024

Singapore shares took a dip on Wednesday—STI declined 0.6%

SINGAPORE: Singapore shares took a dip on Wednesday morning, following a trend of global market losses from the previous night, The Business Times reports. The Straits Times Index (STI) witnessed a ...

Posted on 21/02/2024

Bitcoin Liquidity Shifts to the US as Spot ETFs Reshape Crypto Markets

Bitcoin has become easier to trade on US crypto exchanges compared with platforms overseas, a shift in liquidity attributed to the impact of the nation’s new exchange-traded funds for the largest ...

Posted on 20/02/2024

Singapore-based VC Firm Farquhar Venture Capital Partners With TZ APAC

Singapore-based Farquhar VC has partnered with TZ APAC, Asia's leading Tezos blockchain Incubator, with plans to invest in games.

Posted on 20/02/2024

Singapore lures Taylor Swift with grant for sold-out March concerts

Singapore has awarded Taylor Swift a grant to perform in the city-state, government authorities said on Tuesday, acknowledging efforts to persuade the pop superstar to perform on the island - her only ...

Posted on 20/02/2024

KPMG: Singapore to remain attractive to businesses with QRTC scheme

Lion City’s adoption of a QRTC scheme could serve as a strategic move to cushion the impact of the new global standard ...

Posted on 20/02/2024

Singapore Airline’s Q3 net profit climbs on robust ticket sales

Net income grew 5% to US$490 million as the carrier extended its lead over regional rival Cathay Pacific Airways.

Posted on 20/02/2024

Coinremitter Aims 15 Million Successful Crypto Transactions By the End of 2024

SINGAPORE, SINGAPORE / ACCESSWIRE / February 19, 2024 / The crypto market is witnessing consistent growth year by year. With the increasing number of individuals and businesses accepting crypto ...

Posted on 19/02/2024

Singapore Sets Sights on AI Leadership with $743 Million Investment

Singapore invests $743M in AI to become a global tech leader, focusing on innovation, talent, and ethical AI use.

Posted on 19/02/2024

Asian Family Offices Seek to Supercharge Crypto Investments

Asian family offices are gearing up for higher investments in cryptocurrencies, as Bitcoin extends an upward streak.

Posted on 19/02/2024

CNA Explains: How a new tax scheme aims to retain the Singapore ‘brand’ and keep attracting foreign investment

Base erosion, profit shifting, a global minimum corporate tax rate and Singapore's new Refundable Investment Credit - CNA's Tang See Kit tries to make sense of it all.

Posted on 19/02/2024

Singapore Budget 2024: PPHS (Open Market) Voucher, Property Tax Annual Value (AV) Revisions, and More

Well, the Singapore Budget 2024 statement includes even more relief for owner-occupiers of residential properties concerned about high property tax prices. Effective January 2025, the property tax ...

Posted on 19/02/2024

Singapore introduces new Section 10L to tax gains from the sale or disposal of foreign assets

Historically, Singapore does not tax capital gains. Only gains which are “income” in nature are taxed.However, from January 1, 2024 onwards, Singapore has intro ...

Posted on 19/02/2024

Refundable Investment Credit, strong fiscal position will give Singapore edge: tax experts

WHILE jurisdictions elsewhere have introduced or are planning measures similar to Singapore’s new Refundable Investment Credit (RIC) scheme, the city-state’s strong track record and fiscal ability, ...

Posted on 19/02/2024

Singapore airfares set to rise on sustainable aviation fuel levy: ‘there will be a cost’

The levy will vary depending on factors such as the length of the flight and whether the passenger is flying in economy, Singapore’s government said.

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