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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.
Guide on Singapore Corporate Taxation
Singapore has been consistently ranked as one of the most business-friendly economies year after year by World Bank.
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
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.
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
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.