Corporate Income Tax Rate Singapore 2024. This is part of a $1.3 billion. The ftc scheme provides for a concessionary tax rate of 8% on income derived from qualifying ftc services to approved network companies and qualifying ftc activities.

To help companies manage rising costs, a cit rebate of 50% of tax payable will be granted for ya 2024, capped at. Corporate income tax (cit) rebate of 50% and a cit rebate cash grant of 2,000 singapore dollars (sgd) for eligible.