In 2018, the tax rate for medium sized business in Singapore was approximately 21 percent of commercial profits. In 2019, Singapore was ranked second out of 190 countries for ease of doing business.
Total tax rate as a percentage of profits for medium sized businesses in Singapore from 2014 to 2018
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Doing Business. (October 24, 2019). Total tax rate as a percentage of profits for medium sized businesses in Singapore from 2014 to 2018 [Graph]. In Statista. Retrieved March 29, 2024, from https://www.statista.com/statistics/730956/singapore-total-tax-rate-for-medium-sized-businesses/
Doing Business. "Total tax rate as a percentage of profits for medium sized businesses in Singapore from 2014 to 2018." Chart. October 24, 2019. Statista. Accessed March 29, 2024. https://www.statista.com/statistics/730956/singapore-total-tax-rate-for-medium-sized-businesses/
Doing Business. (2019). Total tax rate as a percentage of profits for medium sized businesses in Singapore from 2014 to 2018. Statista. Statista Inc.. Accessed: March 29, 2024. https://www.statista.com/statistics/730956/singapore-total-tax-rate-for-medium-sized-businesses/
Doing Business. "Total Tax Rate as a Percentage of Profits for Medium Sized Businesses in Singapore from 2014 to 2018." Statista, Statista Inc., 24 Oct 2019, https://www.statista.com/statistics/730956/singapore-total-tax-rate-for-medium-sized-businesses/
Doing Business, Total tax rate as a percentage of profits for medium sized businesses in Singapore from 2014 to 2018 Statista, https://www.statista.com/statistics/730956/singapore-total-tax-rate-for-medium-sized-businesses/ (last visited March 29, 2024)
Total tax rate as a percentage of profits for medium sized businesses in Singapore from 2014 to 2018 [Graph], Doing Business, October 24, 2019. [Online]. Available: https://www.statista.com/statistics/730956/singapore-total-tax-rate-for-medium-sized-businesses/