Corporate Taxation
A corporation is generally liable for Singapore income tax on all income accruing in, or derived from Singapore, as well as foreign sourced income remitted or deemed remitted into the country.
Taxation of Foreign Corporations
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Taxation of Foreign Corporations
The income of a branch of a foreign company is generally assessed in the same way and subject to the same tax rate as that of a locally incorporated subsidiary. The Comptroller requires transactions between the branch and head office to be conducted at arm’s length basis.
The Comptroller requires transactions between the branch and head office to be conducted at arm’s length basis.
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Tax
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