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Singapore Consulting on Legislation for Pillar 2 Global Minimum Tax and 2024 Budget Measures

|Proposed Changes|Singapore
Singapore

Singapore's Ministry of Finance has announced the launch of public consultations on draft legislation for the introduction of the Pillar 2 global minimum tax and for the implementation of tax measures announced as part of the 2024 Budget Statement (previous coverage). The deadline for comments is 5 July 2024.

The key points of each consultation are as follows:

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Public Consultation on Proposed Multinational Enterprise (Minimum Tax) Bill and Subsidiary Legislation

SCOPE OF THE CONSUL…

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