Inheritance tax 'on the cards' in Singapore says MAS chief

clock • 2 min read
Inheritance tax 'on the cards' in Singapore says MAS chief

A property gains tax or an inheritance tax is on the cards to address wealth inequality in Singapore, which would worsen over time if price increases in private housing consistently outstrip that in public housing, MAS managing director Ravi Menon has said. To promote an inclusive society, it might make sense to shift the balance in Singapore's tax structure away from taxing income towards taxing wealth, said Monetary Authority of Singapore's Menon on Thursday (July 22) at an Institute of ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login