Singapore Budget 2015: M&A enhancements to cost S$100m over 5 years

Singapore Budget 2015: M&A enhancements to cost S$100m over 5 years

THE government will spend more than S$100 million over five years to spur mergers and acquisitions (M&A) in Singapore, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam on Monday. He announced that the tax allowance for acquisition costs will increase to 25 per cent of the value of acquisition, up from the current 5 per cent.

Companies will be able to claim M&A benefits for acquisitions resulting in at least 20 per cent shareholding in the target company, down from the current threshold of 50 per cent shareholding.


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