Taxes on income, profits and capital gains reached SGD 33.0 bil in 2020 in Singapore, according to the National Statistical Office. This is 1.45% more than in the previous year.
Historically, taxes on income, profits and capital gains in Singapore reached an all time high of SGD 33.0 bil in 2020 and an all time low of SGD 0.430 bil in 1972.
Singapore has been ranked 69th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.
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