Tax planners see advantages in Singapore
11 May 2012
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Peter Leung, Hong Kong
Is Singapore the most tax-friendly location for holding IP rights? According to speakers at a seminar in Hong Kong today, it might be
Claus Schuermann of tax advisers WTS Hong Kong praised the country’s recent tax incentives during a seminar entitled “Maximizing the revenue from your intellectual property” in Hong Kong today.
The event, sponsored by the Italian Chamber of Commerce of Hong Kong and Macau, also featured Jean-Baptiste Roy of Censere and Steven Carey of Transfer Pricing Associates discussing IP valuation methods and IP-related tax strategies and how these issues should be considered together.
A good home
“When picking a location for your IP, you want to find a location with low tax rates, good incentives, deductions for IP-related expenses, and good tax treaties with many different countries”, said Schuermann.
At the same time, locating IP is not simply a matter...
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