tax credit

Wed, 06 May 2026 16:20:01 +0000

There are 2 types of foreign tax credit (FTC) that your Singapore company may enjoy to alleviate the double taxation suffered. A DTR is the relief provided for under an Avoidance of Double Taxation. What Is a Tax Credit? The term tax credit refers to an amount of money that taxpayers can subtract directly from the taxes they owe. This is different from tax deductions, which lower the... Looking to optimise your tax savings in 2026? This guide explains Singapores full range of tax credits, rebates, and reliefs available to ManiInfo Global Use tax credits from qualifying expenditure to offset corporate tax payable when you make significant investments that bring substantive economic activities to Singapore.