AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
Asia

Singapore

Singapore is known for its competitive tax regime. Personal tax is mildly progressive; corporate tax is flat 17% with partial exemptions for new companies.

Personal income tax

0–24%
Top marginal rate / range

Corporate tax

17%
Standard rate

VAT / Sales tax

GST 9%
Standard indirect tax

At a glance

  • Tax yearCalendar year
  • Filing deadline15–18 April
  • Capital gainsNot taxed
  • Foreign incomeGenerally exempt
This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Singapore's official tax authority (linked above) or a qualified tax professional before making any decision.