Our Prime Minister and Minister for Finance presented the Singapore Budget on Tuesday, 18 February 2025. In collaboration with KPMG, this event covered key tax updates announced in the 2025 Singapore Budget which are relevant for asset managers in Singapore. We also discussed updates to the Singapore fund tax incentive schemes which were announced by the Monetary Authority of Singapore in October 2024 and other pertinent developments in the Singapore tax landscape affecting the asset management industry.

Event highlights:

• Key tax updates announced in the 2025 Budget proposal including potential opportunities for the asset management sector
• Updates and developments to the Singapore fund tax incentive schemes as announced by the MAS in October 2024 and corresponding implications for asset managers
• Updates to related party loan guidance issued by the IRAS

Agenda: