Debated in Parliament on 9 Sep 2024.
"to implement the Global Anti-Base Erosion Model Rules (Pillar 2) relating to the top-up tax under the Income Inclusion Rule to make provision for a domestic minimum top-up tax within the meaning of those Model Rules and to make related amendments to certain other Acts",
recommendation of President signified; presented by the Second Minister for Finance (Mr Chee Hong Tat); read the First time; to be read a Second time on the next available Sitting of Parliament, and to be printed.