Public Consultation on Proposed Income Tax (Amendment) Bill 2021
11 Jun 2021The Ministry of Finance is proposing amendments to the Income Tax Act. Interested parties are invited to provide feedback on these legislative amendments from 11 June to 2 July 2021.
2. The draft Income Tax (Amendment) Bill 2021 proposes 36 amendments to (i) effect tax measures announced in the 2021 Budget Statement on 16 February 2021, such as support measures in relation to COVID-19; and (ii) effect changes arising from our periodic review of our tax system such as to revise existing policies, improve our tax administration or enhance the clarity of existing legislation.
Submission of feedback via email from 11 June to 2 July 2021
3. The public can access the public consultation documents, including the draft Income Tax (Amendment Bill) 2021, on the Ministry of Finance's website (www.mof.gov.sg) and the REACH consultation portal (www.reach.gov.sg).
4. Interested parties are requested to use the prescribed template to submit their comments on the draft Income Tax (Amendment) Bill 2021 by 2 July.
Issued by:
Ministry of Finance
Singapore
11 June 2021
2. The draft Income Tax (Amendment) Bill 2021 proposes 36 amendments to (i) effect tax measures announced in the 2021 Budget Statement on 16 February 2021, such as support measures in relation to COVID-19; and (ii) effect changes arising from our periodic review of our tax system such as to revise existing policies, improve our tax administration or enhance the clarity of existing legislation.
Submission of feedback via email from 11 June to 2 July 2021
3. The public can access the public consultation documents, including the draft Income Tax (Amendment Bill) 2021, on the Ministry of Finance's website (www.mof.gov.sg) and the REACH consultation portal (www.reach.gov.sg).
4. Interested parties are requested to use the prescribed template to submit their comments on the draft Income Tax (Amendment) Bill 2021 by 2 July.
Issued by:
Ministry of Finance
Singapore
11 June 2021