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Singapore Refundable Investment Credit Aims to Attract Investors

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Singapore Refundable Investment Credit Aims to Attract Investors

  • By Sivakumar Saravan

While implementing a minimum effective tax rate of 15% under the OECD’s Pillar Two initiative, Singapore looks to stay competitive to businesses by granting credits to offset corporate income tax payable by companies with qualifying expenditures for approved projects.

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