ARTICLE · 13 MAY 2025

April 15 Tax & Private Wealth Group Key Takeaways

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WLG colleagues in the Tax & Private Wealth Group met on April 15 to discuss global tax updates and opportunities for collaboration. Here are the key takeaways from the updates provided:

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Brooke Belliveau

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WLG colleagues in the Tax & Private Wealth Group met on April 15 to discuss global tax updates and opportunities for collaboration.

Here are the key takeaways from the updates provided:

Singapore:

Implemented OECD Pillar Two, actively reviewing policy in light of current trade tensions
Introduced corporate tax rebates and extended international business expansion incentives
Launched stock market stimulation initiatives with tax incentives for new listings
Competitive family office regime with high-threshold requirements

Malaysia:

Introduced a 2% dividend tax for individual shareholders with annual dividend income over RM100,000
Implemented capital gains tax with a 10% rate on unlisted shares

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