Budget Commentary 2011 - Singapore

This commentary provides our Budget analysis on certain tax proposals, including:

  • Corporate tax changes
    • One-off corporate income tax rebate or cash grant
    • Productivity and Innovation Credit
    • Pooling of foreign tax credits
    • Equity-based remuneration schemes
    • Pre-commencement expenses
    • Global Trader Programme
    • Maritime sector incentive
    • Donations
  • Financial services
    • Withholding tax exemption regime for banks
    • Tax exemption scheme for income derived from structured products
    • Tax incentive for trustee companies
    • Insuranc
    • Finance and treasury centre incentive
    • Project finance
  • Personal tax changes
    • Tax rates
    • Tax rebate
    • Central Provident Fund
    • Supplementary Retirement Scheme
    • Foreign Worker Levy
    • Tax reliefs
  • Goods and Services Tax
    • Measures for the biomedical industry
    • Zero-rating of supplies to qualifying ships
    • Promoting the logistics sector
  • Stamp duty
    • Conversion of a company to a limited liability partnership
  • Other indirect tax measures
    • Excise duties for tobacco products
    • Extension of green vehicle rebate scheme
  • 2010 in retrospect
  • 2010 in snapshot
  • PwC thought leadership articles
  • Appendices
    • A. Comparison of Asia Pacific effective tax rates on repatriated corporate profits
    • B. Comparison of Asia Pacific individual tax liabilities
    • C. Resident individual tax rates