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Singapore Corporate Tax System Presented by Tax Accountants Pte Ltd

by Tax Accountants on Jun 30, 2011

Tax Accountants is dedicated to assisting our clients. We provide our assistance to clients ranging from sole-proprietors to SMEs. Just as there is no average tax return, there is no average client.
We have drawn the following information relating to corporate taxation that many companies find useful. If you are interested in any area that is not covered, please contact us . Just email us at info@taxaccountants.com.sg .

• Key features of Singapore Corporate Tax Regime
• Singapore Corporate Tax Rate and Tax Exemption Scheme
• Singapore 1-Tier Corporate Tax System
• Singapore Tax Deductions
• Singapore Capital Allowances
• Unutilised Tax Losses, Capital Allowances and Donations


Key features of Singapore Corporate Tax Regime

• Low tax rates (corporate tax - 17%, individual tax - 20%, GST - 7%)
• No capital gains taxes
• 1-Tier tax system with no dividend...Read More >>



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Singapore Goods and Services Tax (GST) Reporting or Registration Services by Tax Accountants

by Tax Accountants

GST also known as Value Added Tax (VAT) in many other countries, is a consumption tax that is levied on the supply of goods and services in Singapore and the import of goods into Singapore. GST is an indirect tax (currently at 7%) applied to the selling price of goods and services provided by GST registered business entities in Singapore.

Every Singapore business must register for GST if their annual taxable turnover is more than S$1 million or currently making taxable supplies and the annual taxable turnover is expected to be more than S$1 million


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