Tax Incentives Received by Singapore Family Office Associated with Individuals Sanctioned by US in October 2025
- Ms. He Ting Ru raised a question regarding whether a local single family office linked to individuals sanctioned by the US received tax incentives under the family office tax incentive scheme.
- The Prime Minister's representative, Gan Kim Yong, stated that the question would be addressed in the next parliamentary sitting on 5 November 2025.
- The discussion will include similar parliamentary questions and will reference data on sanctioned individuals operating tax-exempt family offices in Singapore.