According to a 2021 report,  9 out of 10 family offices in Asia Pacific are involved in philanthropy, disbursing on average USD $4 million each over 12 months. As Singapore endeavours to be a philanthropic hub in Southeast Asia, what are the ways to enhance the philanthropy ecosystem here? Desmond Teo, Private Tax & Family Enterprise Leader, EY APAC weighs in on the schemes announced in Budget 2024 and shares his perspectives on taxation and philanthropy in Singapore.

According to a 2021 report,  9 out of 10 family offices in Asia Pacific are involved in philanthropy, disbursing on average USD $4 million each over 12 months. As Singapore endeavours to be a philanthropic hub in Southeast Asia, what are the ways to enhance the philanthropy ecosystem here? Desmond Teo, Private Tax &amp; Family Enterprise Leader, EY APAC weighs in on the schemes announced in Budget 2024 and shares his perspectives on taxation and philanthropy in Singapore.

Ease your way into the night every Monday to Thursday from 7 to 10pm on MONEY FM 89.3. Tune into views of the day’s biggest news from trusted experts, and interesting profiles and ideas shaping our world along with some fresh discoveries through relaxing and fun conversations. Night Tracks with Lynlee Foo, your roadmap to life after work.

Ease your way into the night every Monday to Thursday from 7 to 10pm on MONEY FM 89.3. Tune into views of the day’s biggest news from trusted experts, and interesting profiles and ideas shaping our world along with some fresh discoveries through relaxing and fun conversations. Night Tracks with Lynlee Foo, your roadmap to life after work.

Advertisement