Singapore published the Multinational Enterprise (Minimum Tax) Act 2024 (Declaration under Section 1(3)) Order 2024 and the Multinational Enterprise (Minimum Tax) Regulations 2024 in the Official Gazette on 30 December 2024. As previously reported, the Multinational Enterprise (Minimum Tax) Act 2024 was published on 27 November 2024, providing for the implementation of the Pillar 2 Income Inclusion Rule (referred to as the Multinational Enterprise Top-up Tax - MTT) and Domestic Top-up Tax (DTT). The Order provides that the Multinational Enterprise (Minimum Tax) Act 2024 came into operation on 1 January 2025 and has effect for financial years beginning on or...