Corporate Income Tax Rebate
21 Feb 2018


Previously in Budget 2017, it was announced that companies can enjoy a Corporate Income Tax Rebate of 20% of tax payable, capped at $10,000 for YA2018. To ease business costs and support restructuring by companies, the rebate has been enhanced and extended as follows:

  • 40% of tax payable, with the cap raised to $15,000 for YA2018
    • Extended to YA2019 at a rate of 20% of tax payable, capped at $10,000

 


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