martes, 23 de agosto de 2016

Singapore Government joins framework for implementing BEPS measures

The government announced on 16 June 2016 that Singapore is joining the inclusive framework for the global implementation of the BEPS project as proposed by the OECD and endorsed by the G20 in February 2016. By joining this framework, Singapore will work with other participating jurisdictions to ensure the consistent implementation of BEPS-related measures, and a level playing field across jurisdictions.
Singapore supports the key principle underlying the BEPS project, i.e. that profits should be taxed where the real economic activities generating the profits are performed and where value is created. This principle also is in line with Singapore’s own tax policies, which have been designed to support substantive economic activities, create skilled jobs, and build new and enduring capabilities in Singapore.

Source & more info: Deloitte

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