MAS Clarifies Philanthropy Rules for Single Family Offices in Singapore
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MAS Clarifies Philanthropy Rules for Single Family Offices in Singapore

4 March 202653 viewsSystem
MASFinancialRegulationEnterpriseCompliance

MAS's parliamentary reply sheds light on philanthropic contributions by Single Family Offices (SFOs), noting growing sector involvement and available tax incentives. No new mandates are imposed, but businesses are encouraged to leverage deductions for strategic giving. This presents opportunities for tax-efficient impact investing amid Singapore's family office boom.

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