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Following self-government in 1959, the Inland Revenue Department was formed in 1960 when various revenues administered and collected by a number of separate agencies were brought together. When Singapore attained independence on 9 August 1965, substantial changes were made to the Income Tax Act, which came into effect on 1 January 1966.
Individual income tax in Singapore is payable on an annual basis, it is currently based on the progressive tax system (for local residents and tax residents), with taxes ranging from 0% to 22% since Year of Assessment 2017. The Year of Assessment (YA) is based on the calendar year commencing 1 January to 31 December, and is payable on a ...
An Act to impose a tax upon incomes and to regulate the collection thereof. Status: In force. The Income Tax Act 1947 (ITA) is an Act of the Singaporean Parliament to impose a tax upon incomes and to regulate the collection thereof. It was commenced together with the formation of the Inland Revenue Authority of Singapore .
IRAS warns recipients against providing their personal details in response to a scam email about income tax returns.
Ministry of Law (MinLaw) Ministry of Manpower (MOM) Ministry of National Development (MND) Ministry of Social and Family Development (MSF) Ministry of Sustainability and the Environment (MSE) Ministry of Trade and Industry (MTI) Ministry of Transport (MOT) Prime Minister's Office (PMO) Organs of State.
Accountant-General's Department. Singapore Customs. VITAL. Website. Official website. www .singaporebudget .gov .sg. The Ministry of Finance ( MOF; Malay: Kementerian Kewangan; Chinese: 财政部; Tamil: நிதி அமைச்சு) is a ministry of the Government of Singapore responsible for managing the fiscal policies and the ...
Filing is a... Although you're no longer collecting a paycheck from an employer, you probably still have to pay income taxes. 7 Things Retirees Need To Know About Filing Income Tax Returns
1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.