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31 March 2016

Singapore releases Budget 2016

Singapore released the Budget 2016 (the Budget) on March 24, for the financial year April 1, 2016 to March 31, 2017. The Budget includes a number of tax changes to help businesses address their near-term concerns arising from the cyclical slowdown and to support businesses and industries in transformation and innovation so as to be well-placed to compete in the changing global economic environment when broader global recovery happens.

A Tax Alert prepared by EY's Global Tax Desk Network, and attached below, provides additional details.

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Document ID: 2016-0594

 

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