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Singapore has enacted legislation to automatically exchange tax-related information with other countries, under the OECD's Common Reporting Standard (CRS). The Income Tax (International Tax Compliance Agreements) (Common Reporting Standard) Regulations 2016, enacted on December 8, 2016, incorporate the requirements of the CRS into Singapore's domestic legislative...

The Ministry of Finance (MOF) issued the draft Income Tax (Amendment) (No. 3) Bill 2016, which contains the 2016 Budget proposals and country-by-country reporting (CbCR) implementation measures for public consultation. The 2016 Budget proposals include: An increase in the corporate tax rebate for years of assessment...