Singapore’s Wealthy Want Tax Relief for Overseas Charity Gifts

Super-rich families flocking to Singapore are seeking changes to the country’s charity policies that will make it easier for them to give away money abroad and stay in the wealth hub.

Philanthropy advocates and institutions including the family office of the founders of jewelry retailer Pandora A/S are asking the government to simplify rules so that wealthy clans can have more freedom to choose how to give to charity while enjoying tax relief.

Singapore offers some of Asia’s most generous tax incentives for philanthropy, with a catch -- at least 80% of a charity’s funds must be spent within the ...