The Corporate Tax Rate in Singapore stands at 17 percent. Singapore Corporate Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Corporate Tax Rate in Singapore averaged 20.04 percent from 1997 until 2020, reaching an all time high of 26 percent in 1998 and a record low of 17 percent in 2010. This page provides - Singapore Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Inland Revenue Authority of Singapore

Corporate Tax Rate in Singapore is expected to reach 17.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Corporate Tax Rate is projected to trend around 17.00 percent in 2021, according to our econometric models.


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Singapore Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
17.00 17.00 26.00 17.00 1997 - 2020 percent Yearly


Singapore Corporate Tax Rate
In Singapore, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Singapore.