Re:What it's like to live in Monaco
by Gustomaximus on Saturday December 10, 2022 @11:09PM
(#33939983)
Singapore is taking from other nations. Are you familiar with double Irish? Load of companies do this to run their business in one location and pay lower tax in another.
https://en.m.wikipedia.org/wiki/Double_Irish_arrangement
Also FYI most companies in Singapore pay 17% tax, not zero.
And you ask why singapore has good infrastructure, well ~$70k per capita GDP helps these things.