Taxation Services In Singapore By Rikvin
Singapore’s headline corporate tax rate is 17%.
The effective tax rate is in fact lower due
to partial exemption available to all companies and even more favourable exemptions
available to new companies setup.
With...
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Taxation Services In Singapore By Rikvin
Singapore’s headline corporate tax rate is 17%.
The effective tax rate is in fact lower due
to partial exemption available to all companies and even more favourable exemptions
available to new companies setup.
With its extensive double tax treaty network and
absence of capital gains coupled with exemptions, makes Singapore the most attractive
location for companies to setup.
Tax structure and tax incentives have become the chief factors determining the location
of a business or a company.
Singapore, apart from having the most competitive corporate
tax regimes among the developed nations around the globe, has also endorsed a wide
network of tax treaties with neighboring economies.
Therefore it is only natural that
Singapore with its pro business policies, world class infrastructure and competitive tax
rates attract businesses and investments towards the island state.
The enforcement and collection of taxes is handled by the Inland Revenue A
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