by The Raffles Corporate Services Editorial Team | Jun 5, 2026 | Running Your Company, Tax
If you operate a Singapore group with one profitable trading company and one loss-making subsidiary, you should not be paying corporate tax in one entity while the other entity is sitting on unused losses. Section 37B of the Income Tax Act allows current-year...
by The Raffles Corporate Services Editorial Team | Jun 5, 2026 | Running Your Company, Tax
Renovating a Singapore office, retail unit, or restaurant is usually a capital expense — and capital expenses are not deductible against taxable income. Section 14Q of the Income Tax Act 1947 is the statutory carve-out that softens that rule. It allows businesses to...
by The Raffles Corporate Services Editorial Team | Jun 4, 2026 | Corp Sec Library, Tax
Singapore’s territorial-plus-remittance tax system means foreign-sourced income received in Singapore is, prima facie, taxable. The Foreign-Sourced Income Exemption (FSIE) under Section 13(8) of the Income Tax Act 1947 is the relief that keeps Singapore...
by The Raffles Corporate Services Editorial Team | Jun 3, 2026 | Tax
Singapore trust structures for HNW families — Complete 2026 guide Singapore trust structures for HNW families are the workhorse vehicle for wealth succession, asset protection and centralised governance across generations. A Singapore trust separates legal title from...
by The Raffles Corporate Services Editorial Team | Jun 3, 2026 | Corp Sec Library, Tax
Singapore offers a specialised tax incentive for venture capital fund managers and the venture capital funds they manage under Section 13H of the Income Tax Act 1947. The incentive — administered jointly by the Singapore Economic Development Board (EDB) and IRAS —...
by The Raffles Corporate Services Editorial Team | Jun 3, 2026 | Corp Sec Library, Tax
The Pioneer Certificate Incentive (PCI) and Development & Expansion Incentive (DEI) are two of the headline corporate tax incentives administered by the Singapore Economic Development Board (EDB). Together they give qualifying Singapore companies a concessionary...
