Tax Incentives Received by Singapore Family Office Associated with Individuals Sanctioned by US in October 2025

1 Ms He Ting Ru asked the Prime Minister and Minister for Finance whether the local single family office associated with individuals sanctioned by the US for alleged transnational criminal activities on 14 October 2025 received tax incentives under the tax incentive scheme for family offices.

Mr Gan Kim Yong (for the Prime Minister): This question will be addressed at the next Sitting on 5 November 2025, together with similar Parliamentary Questions. [Please refer to ​"Data on Sanctioned Individuals Operating Tax-exempt Family Offices Locally", Official Report, 5 November 2025, Vol 96, Issue 10, Oral Answers to Questions section.]