Singapore Publishes Summary of Responses to Consultation on Tax Framework for Variable Capital Companies

The Singapore Ministry of Finance has published a summary of responses to the public consultation held on proposed legislative amendments for the introduction of a tax framework for Variable Capital Companies.

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SUMMARY OF RESPONSES TO PUBLIC CONSULTATION ON PROPOSED LEGISLATIVE AMENDMENTS TO INTRODUCE THE TAX FRAMEWORK FOR VARIABLE CAPITAL COMPANIES

The Ministry of Finance invited the public to provide feedback on the proposed changes to the Goods and Services Tax Act (GSTA), Income …