Singapore refutes claim it withholds tax info sought by Malaysia

ALL content used in this not-for-profit blog remain the property of their respective owners.
http://www.channelnewsasia.com/stories/singaporelocalnews/view/1261699/1/.html

Singapore's Finance Ministry and the Monetary Authority of Singapore (MAS) have refuted a claim in a recent video that Singapore facilitates tax evasion in Malaysia by withholding information requested by the Malaysian government.

The video, published by the NGO Global Witness, alleges that Sarawak Chief Minister Taib Mahmud and his family are involved in corruption.

In particular, the video featured a lawyer claiming that the Singapore government has a "firewall" and does not share financial information with the Malaysian government.

In response to queries from Channel NewsAsia, the Finance Ministry and MAS said: "The allegation is simply false. Contrary to what was claimed in the video, Singapore has to date provided fully the information requested by Malaysia for tax purposes."

The authorities said the two countries have had a good working relationship on tax matters.