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Parliamentary Replies

Breakdown of Annual Returns Filed by Singapore-Incorporated Companies

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Tax-Related (Corporate Tax)

10 January 2024

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Parliamentary Question  Mr Chua Kheng Wee Louis:

To ask the Deputy Prime Minister and Minister for Finance in each of the last three years, based on the annual returns filed by Singapore-incorporated companies, what is the breakdown in the average and median (i) operating margin (ii) pre-tax margin and (iii) net margin for SMEs and non-SMEs.

Parliamentary Reply by Deputy Prime Minister and Minister for Finance Mr Lawrence Wong:

The data that the Member asked for on Singapore-incorporated companies is not readily available.

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