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Singapore’s regulators remain staunch in tax offence crackdown

As the 1 July deadline for financial institutions to carry out tax-risk reviews of client accounts edges ever closer, Singapore’s regulators have publicly reinforced their commitment to fighting tax offences, issuing a staunch statement. “We stand ready to partner the tax authorities of Australia, [United Kingdom] and [United States] in the investigation of structures that may be involved in wrongdoing,” said…

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