Singapore's 2018 Budget measures were enacted through the Income Tax (Amendment) Act 2018, which was published in the Official Gazette on 16 November 2018. Measures of the Act include the following:

• The corporate income tax rebate for Year of Assessment (YA) 2018 is increased to 40% of tax payable, capped at SGD 15,000, and the rebate is extended to YA 2019, but with a 20% rebate rate, capped…