Business & Finance
Singapore Weighs Hedge Fund Tax Cuts to Be More Competitive: FT
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Singapore Weighs Hedge Fund Tax Cuts to Be More Competitive: FT The Monetary Authority of Singapore has held talks with investment firms on reducing taxes for fund managers in a bid to maintain the island’s competitiveness and retain talent, the Financial Times reported. Fund executives have told the regulator that planned changes in Hong Kong’s tax laws are likely to lead with a push for relocations to that city, the paper said, citing unidentified people familiar with the discussions. The...
Singapore Weighs Hedge Fund Tax Cuts to Be More Competitive: FT
The Monetary Authority of Singapore has held talks with investment firms on reducing taxes for fund managers in a bid to maintain the island’s competitiveness and retain talent, the Financial Times reported.
Fund executives have told the regulator that planned changes in Hong Kong’s tax laws are likely to lead with a push for relocations to that city, the paper said, citing unidentified people familiar with the discussions. The MAS told the FT it’s “reviewing measures to sharpen the competitiveness of Singapore” as a hub for financial institutions and talent.