Business Trends and Taxation
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Centralization and optimization
Potential tax planning
Global/regional financing
Global key account management
E.g., International/Regional Headquarters Award (IHQ/RHQ) in Singapore, Regional Operating Headquarter (ROH) in Thailand
Central procurements, sourcing and logistics
E.g., Global Trader Programme (GTP) in Singapore, International Procurement Centres (IPC)/Regional Distribution Centres (RDC) in Malaysia
Central logistics
Shared service centers
E.g., International/Regional Headquarters Award (IHQ/RHQ) in Singapore, Operational Headquarter (OHQ) in Malaysia, Regional Operating Headquarter (ROH) in Thailand
Captive/group insurance
Changes in business models and supply chain
This creates a tax opportunity, in addition to traditional planning