The Singapore Master Tax Guide Handbook is the tax reference book that provides guidance to help its readers understand, apply and comply with today’s complex tax laws and changes.

The book presents accurate and legally sound information on the Singapore tax regime, as well as examples, to enhance your understanding of the principles and fundamentals of the Singapore tax system. It helps you to fulfil your tax compliance requirements, avoid penalties and minimise tax risks exposure.

Key Features & Benefits

• Tax risk management – The guidebook provides complete coverage of the tax legislative requirements to mitigate risks of non-compliance.
• Latest developments on tax laws – Keeps you up-to-date with tax laws and ensures you have the knowledge to structure the business effectively to maximise incentive claims and minimise tax liabilities.
• Easy reference – Worked examples help readers to understand and learn the fundamentals of Singapore tax.
• Practical – Information is organised along topical lines to assist users in quickly locating answers to their tax questions.

NEW in This Edition

• Income Tax (Amendment) Act 2016
• Goods and Services Tax (Amendment) Act 2016
• New treaties signed in 2015
• New or revised IRAS circulars issued in 2015
• Selected tax judgments passed in 2015
• Budget Announcement 2016

Topics Covered

• Introduction to Singapore Income Taxation
• Basic Tax Concepts
• The Charging Section
• Income from Trade, Business, Profession or Vocation
• Employment Income and Pensions
• Other Sources of Income
• Deductions
• Capital Allowances
• Taxation of Businesses
• Distribution of Corporate Profits
• Partnerships
• Taxation of Resident Individuals
• Taxation of Non-Residents
• Relief from Double Taxation
• Clubs and Associations
• Estates, Trusts and Settlements
• Income Tax Administration
• Incentives under the Income Tax Act
• Economic Expansion Incentives
• Tax Avoidance and Evasion
• Goods and Services Tax