On 8 July 2016, Singapore's Ministry of Finance (MoF) published a public consultation on Draft Income Tax (Amendment No. 3) Bill 2016, which includes both Budget 2016 changes and non-Budget changes. The main measures include:

• Enhancing the Corporate Income Tax rebate from 30% to 50% of corporate tax payable for Years of Assessment (YA) 2016 and 2017, with a cap of SGD 20,000 rebate per year;
• E…