Singapore legislation
Regulation 5
of Income Tax (Filing of Estimates of Chargeable Income) Rules 2017
Regulation 5
Exemption for person from furnishing estimate of chargeable income in relation to partnership
A person is exempt from furnishing an estimate of income and other information in relation to a partnership for a year of assessment under section 71(3) of the Act, if —
(a)
the accounting period relating to that year of assessment ends in the month of October, November or December; or
(b)
the revenue of the partnership in the year of assessment immediately before the firstmentioned year of assessment is less than $500,000.