BOC Aviation Limited is pleased to announce that it has successfully renewed its Aircraft Leasing Scheme (the “ALS”) for a five-year period to June 2022. The company’s current ALS will expire in June 2017.   The ALS is an incentive scheme under which income derived from aircraft leasing operations is taxed at a concessionary tax rate, rather than the prevailing corporate tax rate in Singapore of 17 percent. Under the ALS, BOC Aviation is also eligible to apply for certain … [Read more...] about BOC Aviation renews aircraft leasing scheme