Singapore tax regime ranks high in predictability, consistency: Deloitte

Singapore

SINGAPORE'S tax regime continues to rank well in terms of predictability and consistency, making it among the markets in the Asia-Pacific region with the highest scores, a survey on tax complexity found.

Deloitte's Asia-Pacific Tax Complexity Survey released on Tuesday found that more than 87 per cent of respondents indicated that Singapore had "an intermediate" to "very high level" of predictability in its tax regime. This allows taxpayers to anticipate the direction and potential changes in tax laws.