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SENATOR PETER WHISH-WILSON: Their business tax price from 17% happens to be generally far lower than other international jurisdictions. Thus that is popular with firms that need certainly to go setup team truth be told there and you may spend reduced taxation. And of course, if you’re going to visit the energy away from setting up an excellent headquarter when you look at the a country instance Singapore, and you are a massive multinational business, and you’re involved in profit shifting issues and you may an entire variety regarding other things that is, indeed depraved and you will shady, following what you’re probably in addition to demand regarding Singapore authorities was layers of laws to cover up your label and you can what you’re performing. It’s actually a menu for setting themselves right up to possess scandal.

NATHAN LYNCH, Monetary Intelligence Manager, THOMSON REUTERS: What we now have discovered whenever we looked at it is see your face organizations which might be getting these types of services, in their mind inside isolation it is greatly winning

ELISE WORTHINGTON, REPORTER: The past forty years Singapore could have been where you can find a little-understood business… Continue reading ELISE WORTHINGTON, REPORTER: Our studies initiate from inside the Singapore

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