Corporate Income Tax: Unutilised Capital Allowances and Unutilised Trade Losses скачать в хорошем качестве

Corporate Income Tax: Unutilised Capital Allowances and Unutilised Trade Losses

The unutilised capital allowances or unutilised trade losses can be carried forward to set off against a company’s future income, if the “Shareholding Test” is satisfied (i.e. when there is no substantial change in its shareholders and their shareholdings as at the relevant dates). The unutilised capital allowances can only be deducted against future income if the company continues to carry on the same trade or business for which capital allowances are given. Watch this video or visit http://www.go.gov.sg/iras-unutilisedi... for more information. This information aims to provide a better general understanding of taxpayers’ tax obligations and is not intended to comprehensively address all possible tax issues that may arise. While every effort has been made to ensure that this information is consistent with existing law and practice, should there be any changes, IRAS reserves the right to vary our position accordingly. Visit https://www.iras.gov.sg for the latest information. Check out our other channels here: Facebook:   / irassg   Twitter:   / iras_sg   Instagram:   / irassg   LinkedIn:   / iras