Where can I find details on Tax Exemption

From YA 2020 onwards, companies enjoy a 75% tax exemption on the first $10,000 of normal chargeable income, and a further 50% exemption on the next $190,000 of normal chargeable income. The maximum exemption for the company for each YA is $102,500 (75% x $10,000 + 50% x $190,000).

Please refer to the link below.

Corporate Tax Rates, Corporate Income Tax Rebates and Tax Exemption Schemes

Do you have any questions or tips to share? Just hit the reply button!