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Malaysian prince ‘more than happy’ to pay US$1.6 billion levy linked to Singapore land deal

The son of Malaysia’s king has dismissed a report that a potential tax bill of more than S$2 billion (US$1.6 billion) is complicating his plans to sell 16.6 hectares (41 acres) of land in Singapore, saying he was “more than happy” to absorb levies on both sides of the causeway. “As a regular taxpayer, this is normal. No complication and more than happy to contribute to both countries. Should make it double,” Tunku Ismail Sultan Ibrahim posted on social media on Thursday, hours after the...

Where: Singapore

Exact coordinates

singapore: 1.350, 103.820

Read it at South China Morning Post See this on the map

Malaysian prince ‘more than happy’ to pay US$1.6 billion levy linked to Singapore land deal
What might happen next? AI-generated

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