Finance (Income Taxes) Bill · As enacted · Part 1 · Amendment of Income Tax Act 1947
14. Amendment of section 15
Official textFrom Singapore Statutes Online, unchanged
In the ITA, in section 15 —
in subsection (1)(i), after sub‑paragraph (iic), insert —“(iid)such payment made on or after 1 January 2026 by a platform operator on behalf of a platform worker of the platform operator that is directed to be paid to the medisave account of that platform worker in accordance with section 13B of the Central Provident Fund Act 1953;”; and
in subsection (2), replace “or 14U” with “, 14U or 14ZK”.
The amendment in subsection (1)(a) applies for the year of assessment 2027 and each subsequent year of assessment.
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Part 2
Amendment of Multinational Enterprise (Minimum Tax) Act 2024
Part 3
Related Amendments to Goods and Services Tax Act 1993
Part 4
Related Amendments to Property Tax Act 1960
Part 5
Amendment of Economic Expansion Incentives (Relief from Income Tax) Act 1967
Part 6