Singapore's Ministry of Finance has published the Budget 2022 Debate Round-Up Speech delivered by Finance Minister Lawrence Wong on 2 March 2022. The speech covers various budget issues, including the raising of revenue. In this respect, Minister Wong addresses the increase in GST as proposed in the Budget, as well other options, including in the areas of income and wealth taxes. Regarding corporate income tax, Minister Wong addresses the potential revenue impact of BEPS 2.0 as follows:
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