| Corporate Income Tax |
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| Standard rate |
17% |
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| Exemptions: |
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| Income up to SG$ 10,000 |
75% tax exemption |
| Income SG$ 10,000 to SG$ 300,000 |
50% tax exemption |
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| New start-ups, first three years: |
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| -Income up to $100,000 |
100% exemption |
| -Income $100,000 - $300,000 |
50% exemption |
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| International Headquarters rate |
10% |
| Regional Headquarters rate |
15% |
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| No tax on capital gains |
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| Value Added Tax |
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| Standard rate |
7% |
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| Annual Real Estate Tax |
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| As percentage of annual value (normal rate) |
10% |
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| Owner-occupier reduced rates: |
| Annual value up to $6,000 |
0% |
| Next $59,000 |
4% |
| Above $65,000 |
6% |
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| Stamp Duty |
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| Transfer of shares |
0.20% |
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| Transfer of real estate: |
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| - Value up to $180,000 |
1% |
| - $180,000 to $360,000 |
2% |
| - over $360,000 |
3% |
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| Separate rates apply to leasehold property |
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| Withholding Rates (Non-Treaty) |
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| Dividends |
0% |
| Interest |
15% |
| Income and gains from local property |
15% |
| Royalties / Know-how |
10% |
| Technical, service and management fees |
17% |
| Shipping fees |
2% |
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