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Iras simplifies corporate tax filing process for SMEs

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Companies can tap support schemes administered by the Infocomm Media Development Authority to fund their adoption of enhanced accounting software.

Singapore

FILING corporate taxes for 2020 will become easier for small and medium-sized enterprises (SMEs), with a new simplified Corporate Income Tax (CIT) Return form and more digital solutions being implemented this year.

The Inland Revenue Authority of Singapore (Iras) launched...

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