Tag:Family Offices

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Singapore: Updates to Tax Incentives for Single Family Offices

Singapore: Updates to Tax Incentives for Single Family Offices

By: Edward Bennett and Ke Jia Lim

The Monetary Authority of Singapore (MAS) has recently introduced new guidelines for Single Family Offices (SFOs) applying for tax incentives under the Section 13O and Section 13U schemes. The changes aim to expand tax incentives for family offices to promote investment in environmental and social causes.

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