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flag Singapore's Parliament debates amendments to tax incentives to attract foreign investments in tech and green sectors.

flag In a Parliament session today, Singapore's MPs discussed amendments to tax incentives aimed at attracting foreign investments. flag The Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill introduces a 15% concessionary tax rate and extends incentives for up to 40 years to support companies in advanced manufacturing, AI, and green technology. flag MPs sought clarifications on how the new framework would affect current incentives, benefits for small businesses, and alignment with international tax treaties. flag The amendments aim to make Singapore more competitive and support diverse business growth.

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