The Inland Revenue Authority of Singapore (IRAS) has updated its Preparing a Tax Computation webpage with the publication of two Basic Corporate Income Tax Calculators (BTC) for taxpayers filing Corporate Income Tax Returns for the year of assessment 2024, including a BTC for companies filing Form C and a BTC for companies filing Form C-S/ Form C-S (Lite). Each BTC is in the form of an Excel workbook to guide companies in preparing their tax computations and tax schedules, including explanatory notes to guide taxpayers through their tax computations and validation checks against common errors. The BTCs are designed for...