Indicators / Singapore Corporate Tax Rate
| Related | Last | Previous | Reference | Unit |
|---|---|---|---|---|
| Personal Income Tax Rate | 24.0 | 24.0 | Jan/25 | % |
| Sales Tax Rate | 9.0 | 8.0 | Jan/25 | % |
| Social Security Rate | 37.0 | 37.0 | Jan/25 | % |
| Social Security Rate For Companies | 17.0 | 17.0 | Jan/25 | % |
| Social Security Rate For Employees | 20.0 | 20.0 | Jan/25 | % |
| Withholding Tax Rate | 15.0 | 15.0 | Jan/25 | % |
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.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 17.0 | 17.0 | 17.0 | 17.0 | % | YS-JAN |