Singapore tax judgments and law updates
Judgments, legislation and official guidance, summarised in plain English with what each one means in practice. Last updated .
Budget 2026: 40% corporate tax rebate, capped at S$30,000
Companies receive a corporate income tax rebate of 40% of tax payable for YA 2026, with a minimum S$1,500 cash grant for active companies that employed at least one local employee in 2025; the combined benefit is capped at S$30,000. From YA 2027 the double-deduction cap for internationalisation rises from S$150,000 to S$400,000, and a 400% deduction applies to up to S$50,000 of qualifying AI spending for YA 2027–2028.
What it means: Indian groups with Singapore holding or trading companies should factor the rebate into YA 2026 estimates.
SGBudgetMinistry of Finance
Summaries are prepared from published orders and reports for general information. They are not legal advice.