The IRAS Advance Ruling System: Process, Fees, and When It's Worth Applying Every so often, a Singapore company faces a transaction where the tax treatment genuinely isn't clear from the Income Tax Act 1947 alone. A group restructuring, a cross-border royalty arrangement, or a proposed sale of shares that might or might not qualify for [...]
When one company in a group makes a loss and another is profitable, most business owners assume the loss simply sits on the books until the loss-making entity turns a profit of its own. That is not how Singapore's corporate tax system works, and treating it that way can mean paying more tax than the [...]
For Singapore SMEs, the window between now and 31 December 2026 is one of the most valuable periods in the tax calendar. Decisions made before your financial year closes can legally reduce your tax liability, accelerate deductions, and position your business for a stronger start in 2027. The key is acting before the year-end — [...]
Singapore's Budget 2026, delivered by Deputy Prime Minister and Finance Minister Lawrence Wong on 18 February 2026, introduced a series of measures aimed at supporting businesses through a period of global economic uncertainty. For Singapore companies, the headline measure is the enhanced Corporate Income Tax (CIT) Rebate — which was further upgraded on 7 April [...]
Complete 2026 guide to running an e-commerce business in Singapore — company setup, GST registration, corporate tax, customs duties, PDPA compliance, and annual filing deadlines.
Introduction As Singapore continues to position itself as a global business hub, more companies are engaging in cross-border transactions with related parties — whether with a parent company overseas, a subsidiary in another jurisdiction, or an affiliated entity within the same corporate group. These related-party transactions are subject to Singapore's transfer pricing rules, which require [...]