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【Cross-Border Tax】SINGAPORE: Budget extends tax incentive schemes for investment funds

Three tax incentive schemes offered by Singapore for offshore, resident and enhanced-tier investment funds, scheduled to sunset at the end of 2024, are being extended by five years until 31 December 2029. Qualifying funds will continue to receive the withholding tax exemption on interest and other payments made to non-resident persons, excluding permanent establishments in Singapore....

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