[IRAS Corporate Tax Updates] What You Need to Know for Corporate Tax Filing Season 2020

09 Nov 2020

This year’s Corporate Tax Filing season is currently ongoing and on behalf of IRAS, we would like to remind members  that companies are required to e-File their Year of Assessment (YA) 2020 Corporate Income Tax Returns (Form C-S/ C) by 15 Dec 2020.

With compulsory e-Filing for all companies, paper submissions of Form C-S/ C will not be accepted. To avoid any last minute rush, please e-File before the due date.

Additionally, IRAS has also introduced two new initiatives: e-Filing of Form C-S (Lite) and an enhanced accounting software for the seamless filing of Form C-S. These initiatives are meant to help small and medium-sized companies streamline their filing processes.