Singapore Finance Minister Heng Swee Keat delivered the Budget for 2017 on 20 February 2017. The main tax changes for businesses as provided in an annex to the budget speech include: Increasing the cap for the 50% corporate income tax rebate from SGD 20,000 to SGD 25,000 for Year of Assessment (YA) 2017, and extended the rebate to YA 2018, but with a reduction to 20% and a cap of SGD 10,000; Extending the Withholding Tax exemption on payments made to non- resident non-individuals for structured products offered by Financial Institutions until 31 March 2021; Extending the Tax Incentive Schemes...