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"How is Singapore corp tax @ 17%?

Vietnam approves 15% tax on multinationals, Thailand to follow

WEDNESDAY, NOVEMBER 29, 2023

Vietnam on Wednesday raised its corporate tax on multinational companies to 15%, effective from January, in a move that may deter foreign investment.
Vietnam’s parliament approved the Global Minimum Tax (GMT) as part of an agreement by 140 countries including Thailand to impose a minimum 15% tax on multinationals from 2024.

The move is aimed at preventing tax avoidance by large multinational enterprises (MNEs), who have previously been able to legally transfer profits to low-tax or tax-free countries."
https://www.nationthailand.com/business/...0countries.

Pap will raise GST to 15% instead.

Scare what. Foreign employment free from employer contribution which is savings to the companies and this is a real cost savings not some taxing percentage.

v easy for medicore  ministers to tackle,n that is the only way they can do:
can increase more fees n taxes
increase gst to 12 then to 15%%

30 percent tax better. more tax money. pap will less likely to disturbed ordinary folk. chances are low, as pap always squeezed us dry .

(30-11-2023, 08:52 AM)Scythian Wrote: [ -> ]"How is Singapore corp tax @ 17%?
Vietnam approves 15% tax on multinationals, Thailand to follow

Why not ?

I bet TS has problem answering to this FACT.