Wealth taxes may hit the rich but other factors can mitigate impact

It is widely speculated that the upcoming budget will see wealth taxes go up. Our savvy HNWI clients tend to come from multi-generational wealth and would have both personal holdings and corporate structures in place for optimum tax planning. But they also chose Singapore not only for low tax reasons, but for its security, infrastructure, lifestyle and living standards. Jennifer Chia had a chat with the Business Times about this.

Read more at The Business Times

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