Taxes

Indonesia delays mining royalty hikes, but policy uncertainty weighs on sector

Officials are also considering export duties and a windfall tax on mineral shipments

The European Union Emissions Trading System remains the most efficient instrument for limiting harmful emissions.

How should Europe respond to the energy shock?

A stronger emissions trading system would do far more for resilience than fuel-tax reductions

Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.
BRUNCH

In taxing wealth, how far can Singapore push property owners?

While inequality data has revived calls for wealth taxes, the government remains focused on immovable assets

For a small, open economy like Singapore, “growth outcomes can diverge significantly from forecasts as global conditions evolve”, says Prime Minister and Finance Minister Lawrence Wong.
SINGAPORE BUDGET 2026

Budget 2026: Fiscal forecasts are reasonable, not too conservative: PM Wong

GST hikes remain necessary to provide stable revenues for increased structural spending

The full impact of the recent updates to car taxes in Budget 2026 are unlikely to be seen immediately.
COMMENTARY

Singapore’s Parf rebate cut may favour China EV brands as ownership and borrowing costs rise

Industry players say the move will have far-reaching consequences across the automotive value chain

Singapore is moving decisively to stay ahead, as automation and AI reshape industries faster than organisations can redesign roles.
THE BROAD VIEW

A future-first Budget: invest, scale, compete

Singapore Budget 2026 targets critical gaps in AI and internationalisation to scale local firms for the long haul

Luxury cars will face higher depreciation because of the move, which could affect sales.
SINGAPORE BUDGET 2026

PARF rebate changes could boost EV adoption and COE renewals but dampen luxury car sales

Observers say that the reduction of de-registration rebates for cars will favour electric vehicles over petrol and petrol-electric hybrids

Corporate income tax collections were a key driver of FY2025's higher-than-expected revenue.
SINGAPORE BUDGET 2026

FY2025 surplus revised up to record S$15.1 billion on higher tax revenue

The surplus was driven by higher-than-expected takings for corporate income tax, among other factors

Singapore can expect higher corporate tax collections from the 2027 financial year onwards.
SINGAPORE BUDGET 2026

Singapore proceeding with BEPS Pillar Two tax, corporate revenues to rise

The updates to the framework will increase the effective tax rate for large multinational enterprises operating here to 15%

The move comes as electric vehicles become more common, and the need to encourage early deregistration through the Parf rebate is reduced.
SINGAPORE BUDGET 2026

Parf rebate for cars lowered by 45pp; tobacco excise duty up 20%

Change in Parf rebate will apply to all cars registered with COEs obtained from the next bidding exercise in February