Industry Insight: Leveraging tax strategies for economic growth

In the face of challenges from geopolitical uncertainties, technological disruptions and climate change, what are some tax policies that can be enhanced to support Singaporeans and businesses in Singapore? Ahead of Budget 2025, Desmond Teo, ASEAN Private Tax Leader, EY shares his thoughts on the key themes and priorities this year; from tax policies and incentives for sustainability to supporting digital transformation. He also discusses how Singapore can stay competitive now that the global minimum tax rate has kicked in for multinational enterprises here, as well proposed tax incentives for single family offices to boost Singapore's broader financial sector. See omnystudio.com/listener for privacy information.