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ASEAN Enhances Patent Cooperation Programme
5/2/2012 As announced by the Association of Southeast Asian Nations Intellectual
Property Offices, their Patent Examination Co-operation
(ASPEC) programme has now been enhanced, after a regular review at a working
group meeting in Bangkok in November last year.
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ASEAN, EU Confirm Importance Of FTA Talks
5/2/2012 When the foreign ministers of the Association of Southeast Asian Nations and European Union held a meeting in Brunei on April 27, emphasis was
laid on the on-going negotiation of free trade agreements between the two
regions.
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Kirk Explains US Asia-Pacific Trade Policy
5/1/2012 In remarks at Singapore Management University, the United States Trade Representative
Ron Kirk described the Administration’s broad trade policy in the Asia-Pacific region
as using the Trans-Pacific Partnership to make further progress with its
trading partners around the Pacific Rim.
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Singapore Consults On Parent Care Tax Relief
4/26/2012 Singapore's government is considering whether to allow sharing of a tax relief for caring for parents and elderly relatives among
claimants in such proportion as they may agree, and the Inland Revenue Authority
of Singapore has issued a consultation paper setting out the options which
it may adopt.
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Singapore Achieves Record 97% E-Filing Rate
4/25/2012 The Inland Revenue Authority of Singapore has pointed out how the city
state’s taxpayers continued to enjoy the convenience of e-filing their tax
returns before this year’s due date of April 18.
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Full Steam Ahead For Swiss-Austrian Tax Deal
4/13/2012 Austria’s Finance Minister Maria Fekter is due to meet her Swiss counterpart
Eveline Widmer-Schlumpf in Bern on April 13, to sign a bilateral tax agreement
between the two countries aimed at resolving the outstanding issue of undeclared
Austrian money held in the Confederation’s banks, according to the Swiss
Finance Ministry.
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Germany's SPD Rejects Revised Swiss Tax Deal
4/12/2012 Sigmar Gabriel, leader of Germany’s Social Democrats, has once again
reiterated his party’s intention ‘to stop’ the Swiss tax deal
in the Bundesrat, where the coalition lacks the necessary majority, despite the
recent signing of a Supplementary Protocol to the agreement, aimed at appeasing
both the German opposition parties and the federal states, as well as the European
Commission.
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Results Of Annual US Review Of Telecommunications Trade Agreements
4/10/2012 United States Trade Representative Ron Kirk has announced the results of
the 2012 annual review of the operation and effectiveness of telecommunications
trade agreements under Section 1377 of the Omnibus Trade and Competitiveness Act
of 1988.
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APEC Focuses On Trade And Investment
4/6/2012 The Asia-Pacific Economic Cooperation is moving ahead with cooperative
efforts to evaluate and identify initiatives to support freer, faster and more
beneficial trade in the region that will lead ultimately, it is hoped, to a Free
Trade Area of the Asia Pacific.
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ASEAN Comprehensive Investment Agreement Enters Into Force
4/9/2012 At the recent 20th Association of Southeast Asian Nations Summit in Phnom
Penh, Cambodia, its leaders welcomed the entry into force of the ASEAN Comprehensive
Investment Agreement.
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WTO Members Pressure Argentina On Trade Policy
4/9/2012 At the Council for Trade in Goods meeting on March 30, 2012, fourteen World Trade Organisation members jointly
expressed their deepening concern about Argentina’s import-licensing measures, which were said to have significantly restricted trade flows.
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World Economic Forum Issues Global ICT Report
4/6/2012 The World Economic Forum, in collaboration with INSEAD, has issued the Global
Information Technology Report for 2012, which is said to be the most comprehensive
assessment of the preparedness of global economies to leverage the networked economy.
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Singapore Property Prices Show Fall After Tax Hike
4/6/2012 Following the government’s announcement in December last year of an Additional
Buyer’s Stamp Duty, the Urban Development Authority has disclosed
that Singapore’s estimated private residential property price index fell
in the first quarter of 2012.
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ASEAN Reaffirms Commitment To AEC By 2015
4/4/2012 In Phnom Penh, on April 3-4 2012, at the 20th Association of Southeast Asian Nations Summit, its member states acknowledged the significance of the progress
that has been made in the implementation of the roadmap towards an ASEAN Economic
Community by 2015.
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Singapore Introduces Added Tranche Of GST Compliance Initiative
4/4/2012 The Inland Revenue Authority of Singapore is providing a second SGD5m tranche of co-funding of the fees incurred by businesses registered for goods
and services tax and undertaking the Assisted Compliance Assurance Programme.
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Singapore Eases Small Business Tax Compliance
4/3/2012 At the annual Budget Seminar organized by the Tax Academy of Singapore, Moses
Lee, the Commissioner of Inland Revenue, has disclosed that the Inland Revenue
Authority of Singapore is to introduce a further simplification of tax
filing for small companies.
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De Gucht Calls For An EU-ASEAN FTA
4/4/2012 During his speech to the European Union – Association of Southeast
Asian Nations Business Summit in Phnom Penh on April 1, Karel De Gucht,
the European Commissioner for Trade, stressed that a comprehensive free trade
agreement was needed between the two regions.
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Help Provided For Singapore's SMEs
3/29/2012 At Singapore’s Enterprise Development Centre Conference held recently,
it was described how with the assistance of the Inland Revenue Authority of Singapore, small and medium-sized enterprises can be helped to understand the
government’s Productivity Innovation Credit programme.
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Thai Stock Exchange Calls For CGT Relief
3/20/2012 The President of the Stock Exchange of Thailand, Charamporn Jotikasthira,
has disclosed that he will request that the Ministry of Finance exempt investments
made through the intra-Association of Southeast Nations trading platform
from capital gains tax.
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Singapore To Cash In On Gold Rush With Tax Break
3/20/2012 International Enterprise Singapore, the trade development agency, has
confirmed that Singapore plans to increase significantly its share of global trading
in precious metals, as a result of exempting gold and other precious metals from
goods and services tax.
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TPP Talks Make Further Headway
3/14/2012 The Office of the United States Trade Representative has stated that the
prospective Trans-Pacific Partnership free trade partners – Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the US, and
Vietnam – made further strong headway during the recent eleventh round of
negotiations in Melbourne.
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Half Of Singapore's Taxpayers Will Not Need To File Returns
3/8/2012 The Inland Revenue Authority of Singapore has indicated that around
half of the country’s 1.8m taxpayer base are eligible for its No-Filing
Service and will not have to file tax returns, but will receive their notices
of assessment directly.
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Singapore, Turkey Sign TIE Protocol
3/7/2012 A protocol to the existing double taxation agreement between Singapore
and Turkey was signed on March 5, 2012, and will enter into force after the
completion of ratification procedures by both countries.
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South Africa Extends Its TIE Network
3/6/2012 The South African Revenue Service has disclosed that a protocol to facilitate
the exchange of tax information within the existing double taxation agreement between South Africa and Austria has recently entered into force, as have tax
information exchange agreements with Bermuda, the Cayman Islands, Guernsey, Jersey
and San Marino.
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Europe Stands Firm On Emissions Trading Scheme, For Now
3/7/2012 The Vice-President of the European Commission told the Aviation Leadership
Summit at the Singapore Airshow that the European Union will stand firm on its decision to impose a tax on airlines' emissions, but said the Union is open to constructive negotiations on multilateral alternatives.
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IoM Seeks To Tap Maritime Opportunities In Singapore
3/5/2012 The Isle of Man's Department of Economic Development has announced
that it will launch a new representative office in Singapore to promote stronger
commercial relations with the nation and the region, especially in the area of shipping.
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Singapore, Estonia TIE Protocol Coming Into Force
2/29/2012 A protocol to facilitate the exchange of tax information within the existing double
taxation agreement between Singapore and Estonia will enter into force on
March 30, 2012.
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ASEAN Economic Community On Track For 2015
2/29/2012 The Association of Southeast Asian Nations economic ministers, at the
conclusion of their meeting in Myanmar, noted the developments in the implementation
of various initiatives aimed at establishing the ASEAN Economic Community in 2015.
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APEC Business Leaders Push Asia-Pac FTA
2/29/2012 The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on taking further steps towards realizing the goal of an integrated
Asia Pacific economy, and on liberalizing and facilitating trade and investment,
leading ultimately to a Free Trade Area of the Asia Pacific.
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Japanese TPP Negotiations Depends On US Go-Ahead
2/28/2012 While the Japanese government has now concluded a first round of talks with each
of the nine countries that are presently in negotiations for an extension to the
Trans-Pacific Partnership, it is becoming apparent that it
will be up to the United States to make the final decision whether to allow Japan
to join those negotiations.
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UK, Singapore Ink DTA Protocol
2/22/2012 The UK and Singapore have signed a second protocol to their existing Double Taxation Agreement, amending withholding tax rates.
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FATF Adopts Revised International AML Standards
2/20/2012 The Financial Action Task Force anti-money laundering standards have
been revised to strengthen global safeguards and further protect the integrity
of the financial system, by providing governments with stronger tools to take
action against financial and tax crimes.
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Singapore Tops 'Doing Business' Index
2/3/2012 The World Bank report, ‘Doing Business 2012’, the ninth in an annual
series, ranks 183 economies on their ease of doing business, and reports a general
improvement in the global business regulatory environment.
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Singapore's Tax System To Remain Progressive
1/24/2012 Prior to his presentation of the 2012 Budget on February 17, Tharman Shanmugaratnam,
Deputy Prime Minister and Minister for Finance and Manpower has looked at how Singapore’s
progressive tax policies are building 'a fair and inclusive society',
during his remarks to an Institute of Policy Studies conference.
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Hong Kong Remains World's Freest Economy
1/13/2012 For the 18th consecutive year, Hong Kong maintained its position as the world’s
freest economy, according to the 2012 Index of Economic Freedom, published annually
by The Heritage Foundation.
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Singapore Issues Revised E-Guide On Tax Treatment Of Trusts
1/9/2012 The Inland Revenue Authority of Singapore has published a revised version
of its e-guide on the income tax treatment of trusts, following the several new
provisions included in the Income Tax Act after the publication of its first
e-guide on this topic in 2006.
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US Confirms TPP Not Aimed Against China
1/9/2012 At the Center for Strategic and International Studies in Washington to launch
a speaker series entitled the "Trans-Pacific Partnership: Recovery
through Growth in Asia and the Next Generation of Regional Trade Agreements",
the Deputy National Security Adviser Michael Froman said that the proposed extension to the TPP is not directly aimed against the interests of China.
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HK Chief Regrets Inability To Cut Corporate Tax
1/6/2012 Hong Kong’s Chief Executive Donald Tsang has expressed his regret that,
due to the current risks arising out of the global economic situation, he will
be unable to fulfill his pledge, made in 2007, to reduce the rate of profits tax
to 15% before his term of office ends in June this year.
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Singapore To Pay Last GST-Offset Subsidy
1/2/2012 Singapore’s Ministry of Finance has announced that about 800,000 Housing
and Development Board (HDB) households can expect to receive SGD40m in Utilities-Save goods and services tax rebates in January 2012.
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Singapore-Panama DTA Enters Into Force
12/22/2011 The double taxation agreement between Singapore and Panama, which was signed on
October 18, 2010, entered into force on December 19 this year.
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Hong Kong Rated Leading Financial Centre
12/15/2011 The World Economic Forum has disclosed that Hong Kong has overtaken the United
States and the United Kingdom to top its 2011 fourth annual Financial Development
Report.
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Tokyo Tops Cost League For Expat Workers
12/15/2011 Tokyo remains the most expensive city in the world for international assignees as the rising value of the
yen continues to put upward pressure on the cost of living in the country, according
to a new report.
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Singapore Tops Asia-Pac 'Good Governance' Index
12/14/2011 Vriens and Partners, an Asia-focused corporate advisory firm, has issued its 2011
‘Good Governance for International Business’ index of 19 economies
in the Asia-Pacific region, in which Singapore has edged out Hong Kong for the
number one position.
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Singapore Hikes Property Taxes
12/12/2011 Singapore’s government has announced an Additional Buyer’s Stamp
Duty to be imposed on certain categories of residential property purchases,
in addition to the current buyer’s stamp duty.
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Singapore 'Growth Dividends' Deadline Nears
12/7/2011 Singapore’s residents, aged 21 and above, who have yet to sign up to receive
their 2011 ‘Growth Dividends’, were reminded that they should do so
by December 31, 2011.
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US Puts Green Issues Within TPP Negotiations
12/8/2011 In a prepared statement, the Deputy United States Trade Representative, Demetrios
Marantis, has introduced a ‘green paper’ on how environmental initiatives
are being forwarded within the Trans-Pacific Partnership negotiations.
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Singapore's TIE Protocols With Mexico, Qatar To Enter Into Force
12/6/2011 The protocols to the existing double taxation agreements between Singapore
and both Mexico and Qatar, which incorporate the internationally-agreed Organization
for Economic Cooperation and Development standard for the exchange of information
for tax purposes, will enter into force on January 1, 2012.
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Singapore Provides Property Tax Rebates
12/5/2011 As the Inland Revenue Authority of Singapore is to raise the annual valuations of all Housing and Development Board flats with effect from January
1, 2012, the government has decided to grant their owner-occupiers a one-off property tax
rebate.
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Jersey Litigation Fund Breaks New Ground
12/5/2011 Offshore law firm Carey Olsen has broken new ground with the first ever listing of a litigation fund
on the Channel Islands Stock Exchange after it advised Argentum Capital
Limited on the Jersey legal aspects of its multimillion-pound listing.
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Singapore To Dish Out Cash Bonus Payments
12/2/2011 By December 1, lower-income Singaporeans will have received the second instalment
of their Workfare Special Bonus payment which is part of the SGD3.2bn ‘Grow & Share’ package of measures announced by the government
in its 2011 budget.
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Singapore, Canada Sign TIE Protocol
12/1/2011 A protocol to the existing double taxation agreement between Singapore and
Canada was signed on November 29, 2011, and will enter into force after the completion
of ratification procedures by both countries.
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Guernsey Seeks Listings On Shenzhen Exchange
11/30/2011 A delegation from Guernsey has visited Shenzhen, China, to engage with policymakers
on the prospect of Guernsey companies listing on the local stock exchange.
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 |
China Pushes For Faster Asian Trade Liberalization
11/22/2011 China’s Premier Wen Jiabao, in his speech to the 14th Association of Southeast
Asian Nations Plus Three Summit in Bali on November 18, 2011, proposed
that the participating countries should look to accelerate and deepen regional
trade liberalisation and facilitation.
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APEC Approves Cross-Border Privacy Rules
11/18/2011 The Asia-Pacific Economic Cooperation group has approved a new initiative to harmonize cross-border data privacy protection, which is designed to enhance the protection of consumer data that moves between its members, including the United States, at a time when more consumer information is moving across national borders.
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UK Drops In Tax Competitiveness Index
11/17/2011 While the UK has a competitive tax system it risks being overtaken by other economies easing tax burdens for businesses, according to a new report from PwC.
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APEC Looks At Regional Economic Integration
11/17/2011 Under the chairmanship of US President Barack Obama, the leaders of the Asia-Pacific
Economic Cooperation group, at their recent meeting in Hawaii, adopted the ‘Honolulu
Declaration’, which looks towards a 'seamless regional economy',
by strengthening regional economic integration and expanding trade, promoting
green growth, and advancing regulatory convergence and cooperation.
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TPP Participants Reach Outline Agreement
11/16/2011 Following talks on the sidelines of the Asia-Pacific Economic Cooperation Leaders Meeting in Honolulu, the countries negotiating the proposed extension
to the Trans-Pacific Partnership - Australia, Brunei Darussalam, Chile,
Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam –
announced they had reached the broad outlines of an agreement.
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London Mayor Fears EU Transactions Tax
11/2/2011 Europe should drop its proposals for a financial transactions tax at the earliest opportunity, London's Mayor has said, slamming the plans as a 'new mill stone' which will do major economic damage.
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 |
Singapore-Spain DTA Set For 2012 Entry Into Force
11/1/2011 The double taxation agreement between Singapore and Spain, which was signed
on April 13 this year, will come into force on February 1, 2012.
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Lower City Bonuses Mean Lower UK Tax Revenues
10/31/2011 With City bonus levels falling, the taxman could also lose out as a result of lower revenues, making the Treasury the 'real loser' according to new research by the Centre for Economics and Business Research.
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Bedell Expands With BVI, Singapore Offices
10/31/2011 International financial services provider Bedell Trust has announced plans to open
new offices in Singapore and the British Virgin Islands.
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 |
Singapore To Strengthen Anti-Money Laundering Rules
11/1/2011 During a recent speech for the Wealth Management Institute, the Managing Director
of the Monetary Authority of Singapore, Ravi Menon, said that Singapore
welcomed legitimate funds from Europe, or anywhere else, seeking to be managed
out of Singapore, but not illicit funds seeking shelter from scrutiny.
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Strong Progress Made In TPP Talks
11/1/2011 On October 28, 2011, the United States and its Trans-Pacific Partnership partners - Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore,
and Vietnam - concluded a ninth round of negotiations in Lima, Peru.
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Study Points To Mutual Benefits For APEC And TPP
10/28/2011 Despite the different nature of their negotiations, a study prepared by the Policy
Support Unit of the Asia-Pacific Economic Cooperation has explored how APEC and
the Trans-Pacific Partnership can be mutually beneficial.
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Singapore Includes Cloud Computing In Tax Incentives
10/26/2011 At a recent forum, Singapore’s Infocomm Development Authority confirmed
that businesses will, through the inclusion of related costs under the Productivity
and Innovation Credit scheme, be able to obtain significant tax benefits
for cloud computing.
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 |
Luxembourg Gives Boost To Financial Centre In Asia
10/20/2011 Determined to reinforce the Luxembourg financial centre in markets experiencing
strong economic growth, Luxembourg’s Finance Minister Luc Frieden is currently
on a visit to Asia to promote the financial centre.
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FTT Would 'Cripple' City of London, CBI Chief Warns
10/18/2011 If Europe is heavy handed in its future financial services regulation, the City of London will be disproportionately hit, with proposals for a financial transactions tax likely to do lasting damage, the head of the UK’s main business body has said.
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Singapore-Uzbekistan To Exchange Tax Information
10/11/2011 The protocol, to incorporate the internationally-agreed Organization for Economic
Cooperation and Development standard for the exchange of information for tax purposes
into the existing double taxation agreement between Singapore and Uzbekistan will enter into force on November 1, 2011.
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Singapore Extends Green Vehicle Rebates
10/4/2011 Singapore’s Ministry of Finance has announced that the green vehicle
rebate scheme for new compressed natural gas and bi-fuel vehicles will be extended for another year to December 31, 2012.
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Singapore Reports On GST Consultation
10/3/2011 Singapore’s Ministry of Finance has accepted for implementation 11 of the
22 suggestions on the draft Goods and Services Tax (Amendment) Bill 2011, which
were received during a public consultation exercise held during July this year.
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Eight Countries Sign ACTA
10/4/2011 The United States Trade Representative has issued a statement on behalf of Australia, Canada, the European Union and its member states, Japan, South Korea,
Mexico, Morocco, New Zealand, Singapore, Switzerland and the United States, who have
reaffirmed their commitment to the Anti-Counterfeiting Trade Agreement at a signing ceremony in Tokyo.
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LSE Forging Ahead With Takeover Plans
10/3/2011 The London Stock Exchange looks set to move ahead with its second planned takeover of the year, with the board of LCH.Clearnet having given the green light for talks. A third offer is also reportedly in the works, with the LSE eyeing up the London Metals Exchange.
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Hong Kong Tops Economic Freedom Index
9/23/2011 Hong Kong has once again topped the Fraser Institute's Economic Freedom Index, which measures the degree to which the policies and institutions of countries are supportive of economic freedom.
|
 |
US Points To Progress In TPP Negotiations
9/22/2011 A statement from the Office of the United States Trade Representative has disclosed
that the nine countries involved in negotiating the extended Trans-Pacific Partnership– the United States, Australia, Peru, Vietnam, Malaysia, New Zealand,
Chile, Singapore and Brunei – have made progress in a further round of negotiations
in Chicago.
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Switzerland Tops WEF Competitiveness Index
9/9/2011 Switzerland tops the overall rankings in the Global Competitiveness Report for 2011-2012,
released on September 7 by the World Economic Forum.
|
 |
European Commissioner Reviews IPR Policies
9/12/2011 During a speech in Brussels on international trade and intellectual property rights,
Karel De Gucht, the European Commissioner for Trade, stressed his commitment to
ensure effective protection of those rights both within the European Union and abroad.
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EU-Singapore Trade Pact In The Offing
9/8/2011 Following his meeting with Singapore's Prime Minister Lee Hsien Long, the President of the European
Commission, Jose Manuel Barroso (pictured) said that a comprehensive Free
Trade Agreement between the EU and Singapore will likely be finalized 'very soon'.
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Asia-Based Incorporation Specialist Expands Into Europe
9/8/2011 Offshore Incorporations Limited, a leading global company formation specialist based in Asia, has announced the opening of its first European office, in London, to support a growing number of Asia-based companies investing in Europe.
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Amendments Agreed To Singapore-Australia FTA
9/7/2011 Companies and investors in Singapore and Australia are now to have greater certainty
in their investments, and protection of their intellectual property rights,
following a review and amendments to the Singapore-Australia Free Trade Agreement.
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Switzerland Submits 6 DTAs For Approval
9/5/2011 The Swiss Federal Council has submitted six double tax agreements, with South
Korea, Malta, Romania, Sweden, Singapore and Slovakia, to parliament for approval.
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Singapore Increases Land Development Tax
9/2/2011 Following the usual half-yearly official review, and to reflect higher property
values, Singapore’s Ministry of National Development has revised the land
development charge rates for the period from September 1, 2011 to February 29,
2012.
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Guernsey Cements Relations In China
8/30/2011 Representatives from Guernsey Finance visited China last week to further strengthen
relationships in Shanghai and Beijing.
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 |
Singapore-India DTA Protocol Comes Into Force
8/15/2011 The second protocol to the existing double taxation agreement between Singapore
and India, which incorporates the internationally-agreed Organization for Economic
Cooperation and Development standard for the exchange of information for tax purposes,
will enter into force on September 1, 2011.
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Singapore's Changi Airport Hosts Aviation Centenary Celebrations
8/10/2011 'Our Journey, Our Future', the Singapore Aviation Centennial Exhibition, was
launched on August 8 at Changi Airport to mark 100 years of aviation in Singapore.
|
 |
First Channel Island Law Firm Opens In Singapore
8/3/2011 Collas Crill has become the first Channel Islands-based law firm to open an
office in Singapore.
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Microsoft Cuts Effective Tax Rate
8/2/2011 Microsoft, in its Form 10-K filing with the Securities and Exchange Commission, has disclosed that its effective rate of taxation during that year was 17.5%;
exactly one-half of the United States federal statutory corporate tax rate of
35%.
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Asian FDI Reached Records Last Year
8/1/2011 The United Nations Conference on Trade and Development, in its World Investment
Report 2011, points out that, while global foreign direct investment has
not yet bounced back to pre-crisis levels, some regions, and particularly Asia,
show a better recovery than others.
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Singapore Enhances International Tax Training
7/26/2011 Singapore's Minister of State for Finance and Transport, Josephine Teo, in her speech
to the annual conference of the Tax Academy of Singapore, said that, as Singapore
is home to a large number of multinational enterprises, it is vital that tax
professionals have the skills to meet the challenges of an increasingly complex
tax environment.
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EU, Singapore FTA Talks To Be Completed This Year
7/20/2011 In a joint statement issued after their recent meeting in Singapore, the Minister
for Trade and Industry Lim Hng Kiang and the European Trade Commissioner Karel
De Gucht said that they were pleased with the progress being made in negotiations
for the proposed Singapore-European Union free trade agreement.
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Singapore, Saudia Arabia DTA Comes Into Effect
7/15/2011 The Ministry of Trade and Industry has announced that Singapore’s comprehensive
double taxation agreement with the Kingdom of Saudi Arabia, which
entered into force on July 1, 2011, provides a range of new tax benefits for both
Saudi Arabian and Singapore businesses.
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Singapore Consults On GST Changes
7/11/2011 Singapore’s Ministry of Finance has announced that it will be conducting
a public consultation, until July 28, on draft legislation to give effect to changes
to the country’s goods and services tax regime affecting the marine sector, arising out of the
2011 Budget and the government’s on-going review of the tax code.
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Singapore, India Sign TIE Protocol
6/29/2011 Singapore and India have signed a protocol to incorporate the internationally-agreed
Organization for Economic Cooperation and Development standard for the exchange
of information for tax purposes, upon request, into their existing double taxation
agreement.
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Further Progress Reported At TPP Talks
6/29/2011 A statement from the Office of the United States Trade Representative has disclosed
that the nine countries involved in negotiating the extended Trans-Pacific Partnership have successfully concluded the seventh round of their
negotiations in Ho Chi Minh City, Vietnam.
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 |
Singapore, UAE Sign Investment Agreement
6/27/2011 An Investment Guarantee Agreement between Singapore and the United Arab
Emirates was signed on June 24 by Singapore’s Minister of State for Trade and
Industry and National Development, Lee Yi Shyan, and the UAE’s Minister
of State for Financial Affairs, Obaid Humaid Al Tayer.
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 |
Guernsey-Based IAG Launches RMB Fund
6/28/2011 Guernsey-headquartered International Administration Group has announced
that it is to offer fund administration services in China, providing further evidence that the jurisdiction's Far Eastern promotional drive is paying off.
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 |
Singapore Reviews Companies Act
6/23/2011 Singapore’s Ministry of Finance and the Accounting and Corporate Regulatory
Authority have invited public feedback on the final report of the Steering
Committee that has been reviewing the Companies Act, and on a review of the regulatory
framework for foreign entities in Singapore.
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 |
Carey Olsen Advises On 'Pioneering' Offshore Restructuring
6/22/2011 Carey Olsen has been involved in a pioneering deal to move an international
industrial services business from London's Alternative Investment Market to the London Stock Exchange
main market.
|
 |
Singapore, Uzbekistan Sign TIE Protocol
6/20/2011 Singapore and Uzbekistan have signed a protocol to incorporate the internationally-agreed
Organization for Economic Cooperation and Development standard for the exchange
of information for tax purposes, upon request, in their existing double taxation
agreement.
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 |
Singapore To Introduce New Islamic Finance Tax Laws
6/13/2011 In his opening address to the Second World Islamic Banking Conference Asia Summit,
the Deputy Chairman of the Monetary Authority of Singapore, and Minister
for Trade and Industry, Lim Hng Kiang, said that Singapore’s Ministry of
Finance will issue new income tax regulations for Islamic finance.
|
 |
OECD Reviews Jurisdictions' Tax Transparency
6/2/2011 The Organisation for Economic Cooperation and Development has released a series of new Peer Review reports, covering the exchange of information for tax purposes, and making recommendations for improvements in this area.
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