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The Importance Of Knowing The Income Tax In Singapore Singapore is a rapidly growing hub for business in Asia. Because of the country's intricate legislation that protects intellectual property while facilitating business ventures, Singapore is chosen by many entrepreneurs. Added to this is the favorable location of Singapore which is at the centre of the expanding Asia economy. Hence, businesses located in Singapore benefit from productive ties with the other tiger economies while maintaining the name of a reputable and trustworthy jurisdiction. Singapore's corporate tax policy further enhances it as an ideal location for company incorporation by implementing fair and competitive tax rates. It is through these reasons that Singapore has taken the forefront over the past decade as a globally recognized business nation.By taking a look at Singapore's corporate tax policy it is possible to understand one of the many factors that contribute to Singapore's popularity with entrepreneurs.In Singapore, foreign and local companies pay tax equally. At first glance, this may sound unfavorable, but in fact, Singapore favors its own businesses as it does offshore...more
Corporate Tax Incentives For Your California-Based Company It can be tough to stay afloat in these tough economic times, but many California companies get a break when they qualify for corporate tax incentives. These might include enterprise zone credits, eco credits or federal hiring credits. When you combine them, they can...more
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