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> Indonesia: We can damage Singapore wealth industry, with help of our Chinese tycoons News

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SUShypervisor
post Jul 27 2016, 10:18 AM

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Singapore: We don't live in fear of anyone. We are small but we are successful


lelelel maruah Singapore minister sudah tercabar
SUShypervisor
post Jul 27 2016, 10:21 AM

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QUOTE(bingding @ Jul 27 2016, 10:17 AM)
sometimes i dono whether ur article is true or not, or only based on your own pov.
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the latest proven fact that Indonesian Chinese tycoons parked their USD200bil money in Singapore banks already become its own POV by now
SUShypervisor
post Jul 27 2016, 10:57 AM

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QUOTE(bingding @ Jul 27 2016, 10:27 AM)
bside indon, many nations including MY also got la. but no see other country ask thos ppl to pay tax? don even find any related thing on google stating that indon gomen ask tycoon pay tax; thats why ridicule lo whether this kind of news is article-worthy or is just simply based on ts 2 cents.
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its not TS 2cents,its fact, its real, its a proven truth that you cannot ignore, you simply cannot deny its a big thing

its a truth that almost half of deposits in Singapore banks are coming from Chinese Indonesian tycoons


http://fortune.com/2016/07/25/indonesias-t...w-in-singapore/

Singapore’s wealth management industry is likely to suffer a bad dent as rich Indonesians move some money back home to take advantage of a tax amnesty, but the exodus of funds isn’t going to be as big as Jakarta is predicting.

Around $200 billion of Indonesian money that may not have been declared to the tax authorities in Jakarta has been squirreled away in Singapore, according to private banking sources. It is a huge portion of the approximately $470 billion of assets under management by private banks in the financial hub.
SUShypervisor
post Jul 27 2016, 11:02 AM

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QUOTE(destiny6 @ Jul 26 2016, 05:01 PM)
move back to indon need pay tax, but if didn't move no need pay tax and enjoy life in SG and many other places why bother woR...?
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u dont read all of them? or simply stupid & really dumbfuck dont know what's Indonesia govt offerings are?

TLDR:all these while, those USD200bil money were taxed at 20% as per Singapore's standard income-tax bracket, now Indonesia govt offers only 5% income-tax bracket

http://www.reuters.com/article/us-indonesi...SKCN0ZY098?il=0

http://www.todayonline.com/world/asia/indo...s-stashed-spore

http://www.bloomberg.com/news/articles/201...-lure-investors

http://jakartaglobe.beritasatu.com/busines...mnesty-program/

http://fortune.com/2016/07/25/indonesias-t...w-in-singapore/

http://www.channelnewsasia.com/news/asiapa...es/2981094.html
SUShypervisor
post Jul 27 2016, 11:09 AM

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QUOTE(11c @ Jul 26 2016, 08:38 PM)
If that's my money, I rather park in Singapore than Indonesia
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in Singapore, the money is taxed 20%
under Indonesia govt tax amnesty program, Indonesia govt willing to just tax the money at 5% only
so choose your pick
SUShypervisor
post Jul 27 2016, 11:15 AM

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QUOTE(bingding @ Jul 27 2016, 11:10 AM)
ok then. wow, i dono that chinese indon are so rich. there are merely a few million of chinese indon out of 200 million indons. how da heck they become so rich despite the ultra racism towards chinese in indon?? lihai betul?
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dont know if you are
1)purely stupid & dumbfuck
or
2)don't want to acknowledge the fact/ignoring the fact

FACT
that currently Singapore private banks are holding USD470bil foreign deposits & USD200bil of them (nearly half of it) are owned by Chinese Indonesia tycoons

the truth & facts all already written, plain & simple writings

This post has been edited by hypervisor: Jul 27 2016, 11:17 AM
SUShypervisor
post Jul 27 2016, 11:19 AM

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QUOTE(bingding @ Jul 27 2016, 11:17 AM)
u ignorant retardo f*k, i said how those indochinese got so much money to begin with!!
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lelel dumbfuck
not a relevant question at all


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