October 17, 2019

Double Tax Deduction in Singapore: Tax Facts

As per Singaporean legislation, individuals (employees or sole proprietors) and companies are required to file annual income tax returns to the Inland Revenue Authority of Singapore (IRAS). Among the tax incentives implemented by IRAS are double tax deductions for businesses in the city-state. What is Double Tax Deduction (DTD)? Double tax deduction refers to cases…

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Tax Dept