24/7/365
In:
Corporate income tax rebate in Singapore is given to all companies to ease business costs and support restructuring by companies and is applicable for YA (Year of Assessment) 2013 to YA 2019.
All companies will receive a corporate income tax rebate of the following:
| 20% corporate income tax rebate, capped at $10,000 for YA 2019; |
| 40% corporate income tax rebate, capped at $15,000 for YA 2018; |
| 50% corporate income tax rebate, capped at $25,000 for YA 2017; |
| 50% corporate income tax rebate, capped at $20,000 for YA 2016; and |
| 30% corporate income tax rebate, capped at $30,000 per YA for YA 2013 to YA 2015. |
| Note: Corporate income tax rebate is computed on the tax payable after deducting tax set-offs (e.g. foreign tax credit). |
