SINGAPORE
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From Times Staff and Wire Reports
Singapore Budget Expected to Include Tax Cut: The government’s fiscal 1994 spending plan is likely to contain a corporate tax cut of about 2%, but not the kind of extra perks that could spark the listless stock market, analysts said. This year’s biggest change in the government’s tax policy is already on its way in the form of a 3% goods and services tax, which goes into effect in April.
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