Singapore releases draft legislation on BEPS 2.0 Pillar Two for public consultation
On 10 June 2024, the Singapore Ministry of Finance (MOF) released the draft legislation containing a bill to enact a new act in Singapore called the Multinational Enterprise (Minimum Tax) Bill (the "proposed Bill") and subsidiary legislation called the Multinational Enterprise (Minimum Tax) Regulations 2025.
The proposed Bill and subsidiary legislation will implement a Qualifying Domestic Minimum T…
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