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Singapore Issues 2015 Budget

|Proposed Changes|Singapore
Singapore

On 23 February 2015, the Singapore Ministry of Finance issued the 2015 budget including several proposed tax measures. Key tax measures include:

Corporate Income Tax

  • The 30% corporate tax rebate is extended through 2017, but the SGD 30,000 rebate cap per year is reduced to SGD 20,000
  • The PIC cash bonus for qualifying PIC investments will not be extended beyond 2015
  • A new International Growt…

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