Singapore plans tax, visa incentives to boost fund industry
Singapore will introduce tax exemptions on profits earned by fund managers and make it easier for investment professionals to obtain visas as it seeks to head off growing competition in the asset management sector, the central bank has said. The Monetary Authority of Singapore (MAS) and the finance ministry plan to exempt from tax investment profits earned by fund managers from managing certain…
We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.
