Tax Checklist for Managing the Current Crisis
As the world continues to respond to the impact of COVID-19, Singapore has introduced a series of relief measures in the Unity, Resilience and Solidarity Budgets, which are being further refined as the situation progresses. In addition to taking advantage of such relief measures, businesses could also review other areas to determine the tax impact of COVID-19 on their business.
This Corporate Tax Action checklist outlines the tax areas which businesses will benefit from reviewing now. The practical checklist provides an overview of the type of issues that businesses should consider to optimize their tax position in these uncertain times.