AAFM Exam CTEP Topic 6 Question 24 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 24
Topic #: 6

[All CTEP Questions]

Singapore corporate tax rate is capped at ___________

A17%

B40%

C20%

D35%

Show Suggested Answer

Suggested Answer: C

by Dottie at Jul 04, 2023, 01:49 AM

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Mari

2 months ago

17% corporate tax rate? That's it? I'd be more impressed if they had a 'pay what you want' policy.

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Glory

2 months ago

17% corporate tax rate? Looks like Singapore is trying to attract businesses with that juicy low rate. Wonder if they also have a 'no fun allowed' policy for employees.

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Lamonica

2 days ago

No, the correct answer is A) 17%. Singapore wants to remain competitive in the global market.

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Rickie

3 days ago

D) 35%

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Bulah

5 days ago

Yes, it's actually 17% which is quite competitive compared to other countries.

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Denny

6 days ago

C) 20%

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Freeman

10 days ago

That's right! Singapore is known for its low corporate tax rate to attract businesses.

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Mertie

14 days ago

A) 17%

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Susana

2 months ago

Wow, only 17%? That's great for companies looking to set up shop in Singapore. Guess I'll have to update my tax knowledge for the exam.

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Darrel

6 days ago

Definitely, it's a good incentive for companies to establish their presence in Singapore.

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Selma

7 days ago

That's true, Singapore is known for its attractive tax rates to attract businesses.

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Aleisha

8 days ago

Yes, it's capped at 17% which is quite competitive compared to other countries.

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Coleen

2 months ago

I knew Singapore had a relatively low corporate tax rate, but I wasn't sure of the exact percentage. 17% is very competitive globally.

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Stefania

2 months ago

The Singapore corporate tax rate being capped at 17% seems low compared to other countries. I wonder if they offer any other tax incentives to businesses.

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