Singapore's Ministry of Finance has published the Summary of Responses to Public Consultation on the Draft Multinational Enterprise (Minimum Tax) Bill and Income Tax (Amendment) Bill 2024. As previously reported, the draft legislation provides 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).
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Summary of Responses to Public Consultation on the Draft Multinational Enterpr…