Finance (Income Taxes) Bill

Debated in Parliament on 14 Oct 2025.

Summary written by AI (learn more)

The debate focused on amending the Income Tax Act 1947 and the Multinational Enterprise (Minimum Tax) Act 2024.
A related amendment to the Goods and Services Tax Act 1993 was also proposed.
The recommendation for these amendments was presented by the Second Minister for Defence on behalf of the Second Minister for Finance.
The bill was read for the first time and is scheduled for a second reading in a future parliamentary sitting.

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Full Transcript

"to amend the Income Tax Act 1947 and the Multinational Enterprise (Minimum Tax) Act 2024, and to make a related amendment to the Goods and Services Tax Act 1993.",

recommendation of President signified; presented by the Second Minister for Defence (Mr Jeffery Siow) on behalf of the Second Minister for Finance; read the First time; to be read a Second time on the next available Sitting of Parliament, and to be printed.

Finance (Income Taxes) Bill | PAPERCUTS

Finance (Income Taxes) Bill

Debated in Parliament on 14 Oct 2025.

Summary written by AI (learn more)

The debate focused on amending the Income Tax Act 1947 and the Multinational Enterprise (Minimum Tax) Act 2024.
A related amendment to the Goods and Services Tax Act 1993 was also proposed.
The recommendation for these amendments was presented by the Second Minister for Defence on behalf of the Second Minister for Finance.
The bill was read for the first time and is scheduled for a second reading in a future parliamentary sitting.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Full Transcript

"to amend the Income Tax Act 1947 and the Multinational Enterprise (Minimum Tax) Act 2024, and to make a related amendment to the Goods and Services Tax Act 1993.",

Finance (Income Taxes) Bill

Summary

Questions Identified

Full Transcript

Summary

Questions Identified

Finance (Income Taxes) Bill

Summary

Questions Identified

Full Transcript

Summary

Questions Identified