Corporate taxation
Budget 2025: Corporate income tax rebate to ease business costs, but impact limited for some
A REPEAT of the corporate income tax (CIT) rebate will help businesses reduce costs in the short term, but its impact is less significant for unprofitable companies – even as they may be the ones in g...
Budget 2025: ‘Considerable uncertainty’ about government revenues amid geopolitical shifts
By 2030, PM Wong expects government expenditure to go up to 20% of GDP
Budget 2025: Unexpected rise in corporate income tax boosts government revenue
This is partly due to industry-specific cyclical factors, such as in finance and wholesale trade
Budget 2025: Corporate income tax rebate, enhanced Progressive Wage Credit Scheme for businesses
Government’s co-funding levels for wage increases will be raised to 40% in 2025, and to 20% in 2026
How tax professionals can play a role in a company’s sustainability journey
They can assess ESG-related schemes to help firms reduce their carbon tax costs, contribute towards causes, and adopt good tax governance
Issue 135: Wishing for clear ESG rules in Singapore Budget 2025; new 2035 goals to shape policies now
This week in ESG: Big Four’s green wishlist for Singapore Budget 2025; Singapore’s 2035 climate targets
Budget 2025 expected to bring tax rebates, no ‘significant’ tax hikes
Observers expect rebates for both corporate income and personal income taxes, to alleviate cost pressures
Indonesia issues regulation to implement global minimum tax
INDONESIA’S finance ministry said on Thursday (Jan 16) it had issued a regulation to implement the global minimum corporate tax at 15 per cent effective from Jan 1, as part of an international push to...
EY calls for innovation advancement support, tax system tweaks in its Budget 2025 wish list
The firm also proposes measures to transform and strengthen the workforce
Thailand to implement global minimum corporate tax rate from Jan 1
Indonesia, Malaysia and Singapore have also said they will implement the minimum tax rate in 2025