Singapore tax system

S’pore needs to keep up with global tax changes to stay competitive in tough times: Jeffrey Siow

The Government is closely monitoring international developments regarding the global tax regime, and if necessary, review its approach, said SMS Jeffrey Siow.

More than 300,000 companies in Singapore must file taxes by Nov 30 or face fines

Iras will offer support to over 37,000 businesses that will be filing corporate income taxes for the first time.

Singapore tax revenue rises 10.7% to $88.9 billion amid strong economic growth, consumer spending

In the financial year from April 2024 to March 2025, the Inland Revenue Authority of Singapore (Iras) collected a total of $88.9 billion.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.