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All companies, regardless of annual revenue, can now electronically file their corporate income tax returns. E-Filing of Simplified Form C (Form C-S) was first introduced for small companies in 2012, and the take-up has been encouraging.
The Inland Revenue Authority of Singapore is now extending the convenience of e-Filing of Form C to all companies, allowing companies with annual revenue of more than $1 million to enjoy the benefits of e-Filing for the first time from June 2015.
The availability of e-Filing for Form C also means that companies can go fully paperless when it comes to tax matters, thanks to a full suite of e-Services for companies - whether it is filing of GST returns, corporate income tax returns, or withholding tax, companies can benefit from reduced compliance costs and productivity gains while enjoying the convenience of...