Latest Updates

The e-Tax Guide has been updated with the following changes: 

• Editorial changes to update the previous Section 14D/ Section 14DA/ Section 37B to Section 14C/ Section 14D/ Section 37A respectively arising from the renumbering and citation the Income Tax Act 1947 (2020 Revised Edition)
• Updated Part 13.4 clause on referral criteria to Technical Advisory Panel
• Updated paragraph 14 to replace “Pre-claim Scheme” with “R&D Assurance Framework”

The e-Tax Guide has been updated with the following changes: 

• Updated the renumbered provisions based on the Income Tax Act 1947 
• Updated Footnotes 7 and 8 with the revised e-Tax Guide titled “Tax Treatment of Employee Stock Options and Other Forms of Employee Share Ownership Plans (Third Edition)” that was published on 25 Feb 2022. 
• Updated the dates in the examples in the Annexes 1 to 4. 

The YA 2022 Basic Corporate Income Tax Calculators for companies filing Form C-S/ Form C-S (Lite)/ Form C are now available.

With effect from 1 Nov 2022, the following administrative concessions, which provide for a waiver of withholding tax for payments made to:

• Related non-resident company for management service or assistance in the management of business rendered in Singapore under a cost pooling arrangement; and
• Non-resident company for reimbursement of accommodation, meals and transportation expenses in relation to the provision of technical or management services in Singapore,

will be withdrawn.