Singapore Tax Information
A large number of foreign companies and business professional are attracted to doing
business in Singapore owing to its low taxes and impressive world-class infrastructure.
Singapore has a reputation for attractive tax rates,...
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Singapore Tax Information
A large number of foreign companies and business professional are attracted to doing
business in Singapore owing to its low taxes and impressive world-class infrastructure.
Singapore has a reputation for attractive tax rates, positive and encouraging business
policies.
Singapore taxes are much lower than most other developed nations and over
the years, it has continued to slide down further.
Singapore practices territorial and
single-tier tax system.
The body responsible for administering, assessing and collecting
Singapore tax is the Inland Revenue Authority of Singapore (IRAS).
Tax Residency of Companies
In Singapore, the tax residence status of a company depends on where the control and
management of its business is exercised.
A company is considered tax resident in
Singapore if the control and management of its business is exercised from Singapore.
A Singapore branch of a foreign company is generally not treated as a Singapore tax
resident since the
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