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Tax facts Property Tax in Singapore
Property tax is a tax levied on property ownership. The annual tax payable is a percentage of the annual value of the property, which is the gross amount for which the property is expected to be let out in that year.
27 Apr 2023
Tax facts Corporate income tax in Singapore
Under the modified territorial basis of taxation, companies in Singapore are subject to tax on income accruing in or derived from Singapore and foreign income received or deemed received in Singapore from outside Singapore.
13 Jan 2023
Webinar Webinar: Singapore Budget 2022 and Beyond
Following the announcement of Budget 2022, our experts discuss the outcomes and tax changes announced in this year’s Budget and look beyond Budget 2022.
22 Feb 2022
Tax How Singapore could respond to the Pillar Two model rules for domestic implementation of 15% global minimum tax
In this article, we summarise Pillar Two model rules that were released by the Organisation for Economic Co-operation and Development (OECD) on 20 December 2021. This is a continuation of the detailed implementation plan under the two-pillar solution to address the tax challenges arising from the digitalisation of the global economy in October 2021. We discuss how the rules may impact Singapore.
David Sandison
Emily Lin
| 6 min read | 25 Jan 2022
Tax The OECD's detailed implementation plan and what it may mean for Singapore
The OECD/G20 Inclusive Framework announced more details in the implementation of the two-pillar solution to address the tax challenges arising from the digitalisation of the economy. In this article, we explain what's been agreed to as part of the implementation plan and how each pillar may impact Singapore.
David Sandison
Emily Lin
| 4 min read | 25 Oct 2021
Interview The Global Minimum Corporate Tax and What It Means for Singapore
In the OECD’s latest announcement, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting has released more details on the implementation of the two-pillar solution to address tax challenges arising from the digitalisation of the economy. The Two-Pillar Solution is aimed at ensuring multinational enterprises (MNEs) will be subject to a minimum tax rate of 15%, and will re-allocate profit of the largest and most profitable MNEs to countries worldwide.
David Sandison
David Sandison
| 1 min read | 15 Oct 2021
Tax Updates to the Avoidance of Double Tax Agreement between Singapore and Indonesia
In this piece, we highlight the new articles introduced in the updated Avoidance of the Double Tax Agreement (DTA) between Singapore and Indonesia. These updates will be effective from 1 January 2022.
5 min read | 15 Sep 2021
Tax OECD's two-pillar solution to address tax challenges arising from digitalisation of the economy
Find out more about the OECD’s statement on a two-pillar solution to address tax challenges arising from digitalisation of the economy
6 min read | 07 Jul 2021
Tax Time to end the love affair with real estate. Here are some ideas
David Sandison, Grant Thornton Singapore's Head of Tax, examines the influence of real estate on the economy and explores ways to bring in additional tax revenues and provide price stability.
David Sandison
David Sandison
| 5 min read | 06 May 2021
Tax Total tax transparency
Tax affairs used to be a largely private matter between company and tax authority, with very little public disclosure beyond what was available in the report and accounts. Today, the veil of confidentiality is being stripped away.
04 Sep 2017
Tax BEPS goes global and local
With more than 80 countries now having agreed to adopt at least the minimum elements of the Base Erosion and Profit Shifting (BEPS) Action Plan, there’s no getting around BEPS.
12 Aug 2016
Tax Navigating BEPS: implications and actions
tax, beps, singapore, grant thornton 
23 Feb 2016