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Singapore tax break a “unique opportunity” – major MFO

Photo by Katt Yukawa on Unsplash

Singapore’s new tax incentive scheme for philanthropic donations has been lauded for its “immense potential” to attract further UHNWI capital to the Southeast Asian city-state, by Raffles Family Office, a major multi-family office which operates in Singapore and Hong Kong. In its 2023 budget announced this week, Singapore’s Ministry of Finance said it would introduce a tax incentive scheme for…

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