Conversation with Tharman Shanmugaratnam, IMFC Chair

In this video, filmed on the back of the 2013 IMFC and World Bank Spring Meeting in Washington, Mr. Tharman Shanmugaratnam, IMFC Chair and Singapore’s Deputy Prime Minister and Minister for Finance, stressed on the need for a stronger focus on jobs for long term recovery and to bring back private investor confidence.

Major tax haven users exposed

Although many transactions are legal and having cash in tax havens are not illegal, hiding income from tax reliefs is an offence. This CNN mini video report discusses some preferred offshore banks as being placed in the Cook and Virgin Islands as well as Singapore.

Where to find tax breaks in your home or company

In this mini report by CNN Money, Gary Duboff, Managing Director of CBiz MHM shared some tax savings tips for US citizens. Like the US, Singapore offers tax reliefs for businesses and households, says Singapore tax specialist Rikvin. More information may be found in our Singapore Taxation section.

Singapore Budget 2013 – Statement in Parliament by DPM Tharman

Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam has delivered the Singapore Budget Statement for the Financial Year 2013 on 25 February. During the announcement, he defined quality growth for Singapore as inextricably linked to inclusive growth.

Short-term Pain to Achieve Long-term Gain

Following the release of the White Paper on Population, Mr. S Iswaran, Minister of the Prime Minister’s Office outlines Singapore’s roadmap to a more balanced and sustainable economic growth that benefits all Singaporeans over the next two decades. This announcement outlines the bearings on the Singapore work pass framework as well as the incorporation of Singapore companies.