This article sets out the tax landscape for philanthropic giving in Singapore in detail. Notably, Singapore recently enacted a new s 10J that governs appropriations of trading stock for purposes outside the ordinary course of business (which might be seen as somewhat of a codification of the...

The article highlights the strong ecosystem in Singapore where charitable initiatives are supported and encouraged, and builds on DPM Lawrence Wong's recent comments that the Government is reviewing its tax incentive schemes to encourage increased philanthropic giving.As a starting point, we...