Latest Updates

Reporting of foreign-sourced disposal gains by partnerships

New Content 11 Feb 2025

Amendments

Amendments

A new FAQ on how partnerships should report their foreign-sourced disposal gains when filing their Form P has been added.

Reimbursement to employees for transport expenses

New Content 15 Jan 2025

Transfer Pricing

Pages 02 Jan 2025

Amendments

Amendments

Indicative margin for related party loans for 2025 has been added.

The MLI changes to Singapore's DTA with Mongolia enters into force on 1 January 2025

Updated Content 01 Jan 2025

FAQs on Spontaneous Exchange of Information

Updated Content 01 Jan 2025

Amendments

Amendments

Changed the date periods to reflect the new schedule for rulings accepted after 1 January 2025. 

Multinational Enterprise Top-up Tax and Domestic Top-up Tax (PDF, 0.9 MB)

e-Tax Guide 31 Dec 2024

Basic Guide to Corporate Income Tax for Companies

Pages 19 Dec 2024

Amendments

Amendments

Newly added Form ‘Request for Income Tax Return for Newly Incorporated Companies’.

Dormant Companies

Pages 19 Dec 2024

Amendments

Amendments

Newly added Form ‘Recommencement of Business’.

Companies Applying for Strike Off / to Cease Registration

Pages 19 Dec 2024

Amendments

Amendments

Newly added ‘Step-by-Step Checklist’ for companies to check for any outstanding tax matters with IRAS before proceeding to apply for strike off with ACRA.

Overseas Humanitarian Assistance Tax Deduction Scheme

Updated Content 16 Dec 2024

Amendments

Amendments

Added Singapore Red Cross Society, Mercy Relief Limited and Rahmatan Lil Alamin Foundation Ltd to the list of designated charities (effective from 1 January 2025).