Singapore Launches Public Consultation on Income Tax (Amendment) Bill 2022

Singapore's Ministry of Finance issued a release on 8 June 2021 announcing the launch of a public consultation on the proposed Income Tax (Amendment) Bill 2022, which runs from 8 June to 6 July 2022.

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Public Consultation on Proposed Income Tax (Amendment) Bill 2022

08 Jun 2022

INTRODUCTION

1. The Ministry of Finance is proposing 23 amendments to the Income Tax Act 1947 ("ITA"). These proposed amendments cover:

• tax measures announced in the 2022 Budget Statement on 18 February 202…