Tax Blogs

Tax Treatment on Foreign-sourced Income

In Singapore, taxes are imposed on income derived from or accrued in Singapore, as well as foreign-sourced income received in Singapore. Read more

Guide on Singapore Corporate Taxation

Singapore has been consistently ranked as one of the most business-friendly economies year after year by World Bank. Read more

Singapore Tax Residency Status

Singapore has a relatively simple and predictable tax system as compared to the rest of the World. It has one of the most tax-friendly economies supplemented by numerous tax schemes and Read more

IRAS Update on Tax Treatment of Motor Vehicle Expenses

Inland Revenue Authority of Singapore("IRAS") has published the following update pertaining to the tax treatment of motor vehicle expenses on 13 August 2015. Read more

IRAS Update on Reinstatement Costs

Inland Revenue Authority of Singapore("IRAS") has published the following update pertaining to reinstatement costs (expenses incurred to reinstate premises to Read more

Personal Tax Rebate (YA2015)

As part of SG50 Jubilee celebration, all tax resident individuals will receive an income tax rebate of 50% of tax payable, up to a cap of $1,000, for the Year of Assessment 2015. Read more

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