Publication Type
Magazine Article
Version
Postprint
Publication Date
10-2018
Abstract
As there is only one corporate tax rate (CTR) in Singapore, it may appear that the Singapore CTR is a single flat rate, currently 17%. However, after taking into account the availability of the partial tax exemption (PTE)scheme, the start-up tax exemption (SUTE) scheme and the corporate income tax rebate (CITR) in Singapore, all of which have an effect of lowering a company’s tax payable, the seemingly flat Singapore CTR is not what it seems to be. Instead, it translates to various progressive tax rates for different tiers of normal chargeable income (NCI).
Discipline
Accounting | Asian Studies | Corporate Finance
Research Areas
Financial Performance Analysis
Publication
IS Chartered Accountant Journal
First Page
1
Last Page
6
ISSN
8521-3426
Publisher
Institute of Singapore Chartered Accountants
Citation
KHOO, Teng Aun and GUAN, Clement Tan Kai.
Don’s column: Singapore corporate tax rate: Is it really a flat rate?. (2018). IS Chartered Accountant Journal. 1-6.
Available at: https://ink.library.smu.edu.sg/soa_research/1732
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://journal.isca.org.sg/2018/09/21/dons-column-singapore-corporate-tax-rate/pugpig_index.html
Included in
Accounting Commons, Asian Studies Commons, Corporate Finance Commons