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Singapore Singapore's tax revenue up 13.1% following economic recovery after end of COVID-19 pandemic
6 Σεπ 2023 · Tax revenue collection rose across most tax types, with corporate income tax growing by $4.9 billion to reach $23.1 billion. It made up the largest share of total collections, at 33.7 per...
18 Φεβ 2022 · Singapore will raise personal income taxes for those earning above S$500,000 ($372,380) from 2024, said Finance Minister Lawrence Wong in a budget speech Friday. NOTE: Current tax set at 22% for chargeable income exceeding S$320,000
16 Φεβ 2024 · SINGAPORE - To help alleviate the rising cost of living, residents in Singapore will receive a 50 per cent personal income tax rebate for income earned in the past year.
17 Φεβ 2023 · Some of the updates in the period 1 June 2024 to 31 August 2024 include: The Ministry of Finance published the draft Income Tax (Amendment) Bill 2024 and the draft Multinational Enterprise (Minimum Tax) Bill 2024 (the draft MMT Bill) and subsidiary legislation for public consultation.
In this Tax Bulletin, we share some of our observations and comments on certain important tax changes proposed in the ITA Bill. This bulletin provides updates and analyses of key Singapore and international tax developments. Get the latest tax update here.