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Singapore enacts tax bill to boost competitiveness with global standards, including a 15% minimum tax for big firms.
On November 6, 2025, Singapore introduced the Finance (Income Taxes) Bill, aiming to boost economic competitiveness by aligning with global tax standards, including a 15% minimum effective tax rate for large multinationals.
The bill includes corporate and individual tax rebates, stock market incentives, and measures to enhance fiscal clarity.
MPs debated its impact, with concerns over revenue losses and calls for more progressive tax adjustments, while also addressing broader issues like AI-driven power grid strain and the future of the 38 Oxley Road site.
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Singapur promulga un proyecto de ley tributaria para impulsar la competitividad con estándares globales, incluido un impuesto mínimo del 15% para las grandes empresas.