Singapore Budget Highlights of 2024

In the latest budget announcement on February 16th, 2024, the Ministry of Finance (MOF) unveiled significant tax reforms set to reshape Singapore’s fiscal landscape. Notable among these changes is the adoption of BEPS 2.0 Pillar 2, slated for implementation starting January 2025. This initiative targets large Multinational Enterprises (MNEs), aiming to establish a minimum effective […]