Singapore to amend laws to get off 'grey' list of tax havens

Earth Times, 28 May 2009, DPA
Singapore - The Singapore government said Thursday that it would amend its laws in the coming months to get off an international "grey" list of tax havens compiled by the Organization for Economic Cooperation and Development (OECD). Singapore has been listed as a state committed to the international OECD standard on sharing information on taxes but not yet substantially implementing it.
"We are working on the draft legislative amendments," Second Finance Minister Lim Hwee Hua told Parliament.
Read More