Tax Rates, Corporate Income Tax Rebates and Tax Exemption Schemes for both local and foreign companies.

Property tax rates on owner-occupied and non-owner occupied residential properties are applied on a progressive scale. All other properties continue to be taxed at 10% of the Annual Value. Examples of how to calculate property tax are also provided.

The current GST rate in Singapore is 7%. GST-registered businesses are required to charge and account for GST at 7% on all sales of goods and services in Singapore unless the sale can be zero-rated or exempted under the GST law.

BSD is tax paid on documents signed when you buy or acquire property located in Singapore.