Total Chargeable Income for Companies by Profit Brackets
09 Nov 2022Parliamentary Question by Mr Chua Kheng Wee Louis:
To ask the Deputy Prime Minister and Minister for Finance (a) in each of the years from 2018 to 2022, what is the total chargeable income for companies with (i) up to $10,000 (ii) from $10,000 to $200,000 (iii) from $200,000 to $1 million (iv) from $1 million to $10 million (v) from $10 million to $100 million (vi) from $100 million to $1 billion and (vii) more than $1 billion, in profits respectively; and (b) what is the number of companies in each of these brackets.
Parliamentary Reply by Deputy Prime Minister, and Minister for Finance Mr Lawrence Wong:
Mr Louis Chua has requested for different types of information on corporate tax on several occasions since last year. Each new permutation of data request requires intensive effort to compile. The Government already publishes extensive data on corporate tax, which is publicly available on www.data.gov.sg. We suggest that Mr Chua refer to the website to access the necessary data.