Removing Transfers of Qualifying Deductions and Deficits Between Spouses
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Removing Transfers of Qualifying Deductions
From YA 2016, married couples can no longer transfer qualifying deductions (i.e. unabsorbed trade losses, unabsorbed capital allowances and unutilised donations) and rental deficits between each other (including under the Loss Carry-Back scheme for unabsorbed trade losses and capital allowances).