The Straits Times / The Business Times News on Best World

One for all?

Should Singapore be more selective about giving special tax incentives for certain companies, so it can lower the overall corporate tax rate for all companies?

Mar 12, 2007
The Business Times

THE suggestion to reduce the company tax rate from 18 per cent to 15 per cent will be widely welcomed by companies. It is certainly a step in the right direction and should assist companies in Singapore to increase their productivity and international competitiveness. However, it is still important to grant special tax incentives if the government wants to encourage the growth of certain industries.

Dora Hoan
Group CEO
Best World International