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https://taxsg.com/the-singapore-tax-system/tax-incentives/tax-incentives-under-the-income-tax-act/#:~:text=Concessionary%20rate%20of%20tax%20for%20headquarters%20company%20%E2%80%93,review%20at%20the%20end%20of%20the%20incentive%20period.
https://sso.agc.gov.sg/SL/ITA1947-RG6
These Regulations may be cited as the Income Tax (Concessionary Rate of Tax for Approved Headquarters Company) Regulations and shall have effect for the year of assessment 1991 and subsequent years of assessment. ... the income chargeable to tax at the rate of 10% of an approved headquarters company having regard to such expenses, capital ...
https://www.bestarcorporation.com/post/global-or-regional-headquarters-hq-tax-incentives
An approved company under the PC or DEI is eligible for a corporate tax exemption or a concessionary tax rate of 5% or 10%, respectively, on income derived from qualifying activities. The incentive period is limited to five years. Extension of the incentive may be considered, subject to the company’s commitment to undertake further expansion plans.
https://taxsg.com/the-singapore-tax-system/tax-incentives/tax-incentives-under-the-income-tax-act/
Concessionary rate of tax for headquarters company – A concessionary rate of 10% or such other concessionary rate will apply to specified income derived by an approved headquarters company from qualifying activities. The tax incentive is granted for a period of up to 10 years and is subject to review at the end of the incentive period.
https://sso.agc.gov.sg/SL/ITA1947-S341-2016
Concessionary rate of tax 4.— (1) Tax at the rate of 5% is levied and must be paid for each year of assessment on the following income derived on or after 19 February 2020 by an approved global trading company that has been approved for that rate:
https://www.iras.gov.sg/news-events/newsroom/concessionary-tax-rates-for-owner-occupied-properties
Eligible owner-occupiers can apply for the concessionary tax rates online through myTax Portal ( https://mytax.iras.gov.sg/ ). They may also call IRAS at 1800-356 8300, or email us at [email protected] for assistance. Claire Chua (Mrs)
https://taxsummaries.pwc.com/singapore/corporate/tax-credits-and-incentives
International traders are taxed at concessionary rates of 5% or 10% on qualifying income from physical trading, brokering of physical trades, and derivative trading income. Other incentives. Other incentives include tax exemptions for not-for-profit organisations and a concessionary tax rate of 8% for approved aircraft lessors. Foreign tax credit
https://www.lawinsider.com/dictionary/concessionary-rate-of-tax
Related to concessionary rate of tax. Ordinary rate of pay means the sum ascertained by dividing the basic annual salary by 260.8929 to give you a daily-rate, then dividing this figure by the number of ordinary hours specified for that position. concessionary payment means a payment made under arrangements made by the Secretary of State with ...
https://www.guidemesingapore.com/business-guides/taxation-and-accounting/corporate-tax/industry-specific-tax-incentives-in-singapore
Regional Headquarters Award: Under the (RHQ) Award, qualifying companies can enjoy a concessionary tax rate of 15% for five (3+2) years on incremental qualifying income from abroad, instead of the regular Singapore corporate tax rate of 17%. In other words, if applicant company satisfies all the minimum requirements by the third year of the incentive period, it will enjoy the …
https://bbcincorp.com/resources/tax-incentives-for-specific-industries-in-singapore
While International Headquarters Award offers a concessionary corporate tax rate of 5 to 10% Mergers & Acquisitions (M&A) Scheme By IRAS Target: SMEs planning to grow through mergers and acquisitions by acquiring shares only.
https://www.startupdecisions.com.sg/singapore/incentives/finance-and-treasury-centre-incentive/
The following tax benefits are extended to FTCs: A concessionary tax rate of 8%* on qualifying income (i.e. income from qualifying activities and services) Withholding tax exemptions on interest on loans from overseas banks, non-banking financial institutions etc. However, FTCs must use these funds for the qualifying activities and services.
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