Budget for 2013 – details

The Budget for 2013 was presented to Parliament by the Finance Minister on 25 February 2012 (see Singapore-1, News 25 February 2013). Details of the Budget, which unless otherwise indicated will apply from the year of assessment (YA) 2014, are summarized below.
Direct taxation
(a) Corporate taxation
- | A 30% corporate income tax rebate capped at SGD 30,000 per YA… |