Gibraltar vs Singapore

15% from 1 July 2024 (previously 12.5%). Utility and energy providers and corporations abusing a dominant position: 20%.

17

CIT returns are due nine months after the date of the company's financial year end.

November 30

The final balance (being the actual tax liability less any payments made on account) is due by the date of filing the return (i.e. nine months after the date of the company's financial year end).

Tax is payable within one month from the date of the Notice of Assessment.

Companies are required to make payments on account of future liabilities by 28 February and 30 September in each calendar year.

The estimated income tax assessment must be submitted within three months after the end of the company's fiscal year. The estimated tax should be paid within one month after receiving the assessment notice, or paid in installments according to the installment payment plan. No estimated chargeable income (ECI) needs to be filed for a year of assessment when the company's annual revenue for the financial year is S$5,000,000 or below and its ECI is nil (the IRAS ECI filing waiver).

0

0

0/15/10

0%

9

16.09%

13.15%