Changes to Singapore’s family office tax regime

The Monetary Authority of Singapore (MAS) has implemented changes to two tax incentives commonly used to establish family office structures in Singapore.

The Section 130 and Section 13U tax incentive schemes have been popular among those looking to establish family office structures in Singapore. Initially developed in an institutional funds context, these incentives have found application in the design of private wealth structures over the years. These structures typically involve the appointment of Singapore family office to provide investment management services on a discretionary or non-discretionary basis. The MAS has implemented as se...

Sign in below or register now to read the full article

Authors:

Published Date: 11 May 2022