Summary
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 for you
Indian groups with Singapore holding or trading companies should factor the rebate into YA 2026 estimates.
This summary is general information, not legal advice. The outcome of any case depends on its facts; read the source and take advice before acting.