Singapore Budget 2026
Executive brief for businesses On 13 February 2026, Prime Minister and Finance Minister Lawrence Wong delivered the Singapore Budget 2026,…
Navigating Singapore’s Updated Fund Tax Incentive Schemes
Singapore has solidified its status as a leading global fund management hub, driven by a forward-looking regulatory framework and a…
Economic substance and Tax Residency for Companies in Singapore [Part 2]
Singapore has been a favoured jurisdiction for many business owners and entrepreneurs globally due to its strong regulatory framework, friendly…
Section 10L: Disposal of Foreign-Sourced Capital Assets [Part 2]
In our previous article, we introduced the key principles behind the tax treatment of foreign-sourced gains from the sale or…
Section 10L: Disposal of Foreign-Sourced Capital Assets [Part 1]
Tax Treatment of Foreign-Sourced Capital Disposal Gains and Losses (Before 1 January 2024) Singapore taxes gains from the sale or…
Economic Substance & Tax Residency for Companies in Singapore [Part 1]
For many entrepreneurs, investors and founders, it was assumed that their Singapore Company is a Singapore Tax Resident by virtue…
Singapore Budget 2025: Key Tax Developments for Businesses
The SG60 Budget, themed “Onward Together for a Better Tomorrow,” reinforces Singapore’s commitment to fostering a sustainable and inclusive economy….
Changes in Corporate Tax & Personal Income Tax for YA 2025
Welcome to our latest edition of Tax Insights, where we provide key updates on Singapore’s tax landscape for YA 2025….
Enhancement to Renovation & Refurbishment Scheme
Section 14N of the Income Tax Act 1947 was introduced to allow a tax deduction for qualifying capital expenses incurred…
Overview of Transport Expense Reimbursement
Reimbursement of transport expenses refers to compensating employees for costs incurred during work-related travel. However, not all expenses qualify for…