Tax Facts & Figures 2008 Singapore

June 2008

This publication provides an overview of the taxes applicable to individuals and corporations, and covers the following:

Singapore Tax Facts & Figures

Individual Income Tax

  • Basis of Taxation
  • Residence
  • Individual Income Tax Rates
  • Tax Exemptions/Relief for Individuals
  • Not Ordinarily Resident (NOR) Scheme
  • Resident Taxpayer’s Personal Reliefs
  • Tax Treatment of Employment Fringe Benefits
Employer’s Obligations
  • Central Provident Fund Contributions
  • Skills Development Levy
Estate Duty
Partnerships, Trusts, Estates, Charities and Mutual Concerns
Corporate Income Tax Rates
  • Corporate Tax
  • Withholding Tax
Other Tax Rates
  • Goods and Services Tax
  • Capital Gains Tax
Stamp Duties
Capital Allowances
Tax Incentives
Special Tax Deductions
Non-Fiscal Incentives
Transfer Pricing Guidelines
Double Taxation Agreements
Due Dates