Parliamentary Debate Addresses Multinational Tax Avoidance and Minimum Tax Act
What happened
During a parliamentary sitting on October 6, 2026, Jamus Lim spoke on the Finance (Income Taxes) Bill. His speech addressed the international aspects of the Base Erosion and Profit Shifting (BEPS) project, which aims to combat tax avoidance by multinational enterprises. Diana Pang provided aid to Jamus Lim during his address in Parliament.
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Why it matters
The discussion centers on proposed revisions to the Multinational Enterprise (Minimum Tax) Act 2024. This legislative debate affects Singapore's regulatory standing regarding international tax practices and provides core policy input for the Central Executive Committee.
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Who's involved
- Diana PangProvided aid to Jamus Lim during his speech in Parliament.
- Jamus LimSpoke in Parliament on the Finance (Income Taxes) Bill, addressing BEPS.
- parliamentThe legislative body where the Finance Bill was debated.
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The entities involved
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Diana Pang
Singaporean politician
Nothing else this week.
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Jamus Lim
Singporean politician and economist
Nothing else this week.
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parliament
legislative body of government