author_orbitax
Orbitax

Share This Article

Singapore Provides Basic Corporate Income Tax Calculators for Year of Assessment 2023

02 May 2023

|

Approved Changes

|

Singapore

The Inland Revenue Authority of Singapore has updated its Calculators webpage with the publication of the Basic Corporate Income Tax Calculators (BTC) for taxpayers filing Corporate Income Tax Returns using Form C-S and Form C for the year of assessment 2023. The BTC is designed for trading companies and comes with commonly used schedules such as the capital allowance schedule. The BTC can be used to prepare a company's tax computation and work out the tax payable. If filing Form C-S, the company's tax computation and supporting schedules are not required to be submitted together with Form C-S but must...