HPS Insights


April 19, 2022
0 min read

As of March 20, 2022, media reports indicate that Singapore is “concerned” about what lies ahead with respect to implementation of a global minimum tax. On October 8, 2021, Singapore joined the OECD’s Statement on the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy.

Singapore constitutes 0.4% percent of global GDP according to the IMF.

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