It was announced in this year’s Budget that Singapore plans to implement the Global Anti-Base Erosion (“GloBE”) Rules and Domestic Top-up Tax from businesses’ financial year starting on or after 1 January 2025.
Crowe Singapore’s Senior Partner and Head of Tax, Sivakumar Saravan, shared his views on the Global Minimum Tax and its implications for Singapore, in a podcast with Channel News Asia's Money Mind.
Listen to the podcast here.