iANAL, but isn't this another case of tax inversion[0]? Singapore does not tax profits generated outside of its borders (unless repatriated). [0] https://en.w

iANAL, but isn't this another case of tax inversion[0]? Singapore does not tax profits generated outside of its borders (unless repatriated). [0] https://en.wikipedia.org/wiki/Tax_inversion https://en.wikipedia.org/wiki/Tax_inversion