Paying Taxes 2015 - Singapore Summary

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Paying Taxes 2015 - Singapore Summary

Singapore has again been rated as one of the most efficient places in the world for SMEs to comply with their tax obligations, coming in 5th out of 189 economies in a World Bank/PwC Paying Taxes study. This great result should come as no surprise to SMEs operating in Singapore given the Government’s focused and principled approach in designing an equitable but nonetheless competitive tax system.
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Siew Ling Ong

Siew Ling Ong

Press contact Manager, Brand and Communications
Candy Li

Candy Li

Press contact Team Lead - Brand & Communications
Si Jie Lang

Si Jie Lang

Press contact Consultant Brand and Communications +65 9825 1672

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Now in its tenth year as part of the World Bank Doing Business project; Paying Taxes is a unique study which investigates and compares tax regimes across 189 economies, ranking them according to the relative ease of paying taxes. The report is expected to be a catalyst for discussion with tax authorities, governments, and businesses about tax systems and how they can be reformed. Singapore ranks 5

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