Income tax in Singapore involves both individual income tax and corporate income tax. Income earned both inside and outside the country for individuals and corporate entities is taxed == Individual income tax == Individual income tax in Singapore is payable on an annual basis, it is currently based on the progressive tax system (for local residents and tax residents), with taxes ranging from 0% to 22% since Year of Assessment 2017.
Income tax in Singapore involves both individual income tax and corporate income tax. Income earned both inside and outside the country for individuals and corporate entities is taxed == Individual income tax == Individual income tax in Singapore is payable on an annual basis, it is currently based on the progressive tax system (for local residents and tax residents), with taxes ranging from 0% to 22% since Year of Assessment 2017.
Source: Wikipedia "Income tax in Singapore" · CC BY-SA 4.0
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