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Singapore Publishes Corporate Tax Filing Season 2015: 3 Filing Mistakes Companies Should Avoid

03 November 2015

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Approved Changes

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Singapore

On 29 October 2015, the Inland Revenue Authority published Corporate Tax Filing Season 2015: 3 Filing Mistakes Companies Should Avoid. The publication provides an overview of the following common filing mistakes: Failure to keep proper records and accounts; Wrongful claim of tax deduction on private expenses, or inflated payments to related parties; and Wrongful claim of tax deduction under the Productivity and Innovation Credit (PIC) Scheme The deadline for filing the corporate tax return for a tax year is 30 November of the following year, or 15 December if filing electronically. Click the following link for Corporate Tax Filing Season...