Inland Revenue Authority of Singapore Reminds Taxpayers to File Tax Returns by the Statutory Deadline and the Penalties for Non-Compliance

The Inland Revenue Authority of Singapore has issued a release to remind taxpayers to file their corporate income tax return by the statutory deadline of 30 November 2024, as well as the penalties for non-compliance.
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Corporate Income Tax (CIT) Filing: Over 4,700 Companies Prosecuted for Late or Non-Filing of Tax Returns in 2023
- Enforcement actions taken against non-compliant companies…