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Cash pooling, FX and interest rate hedging are to be spared the tax rod after the US Treasury reportedly agreed to create a safe harbour for these activities.
Above lower tax levels for treasury centres, Singapore will also allow more related entities to benefit from qualified activities
Vietnam is giving no quarter to those who blemish its reputation as a place of investment, including sentencing a banker to death.
Tan Lee Thong, general manager, group finance of the healthcare provider, on how to implement a multi-currency pool.