by admin | Jul 11, 2018 | Income Tax, Tech News
Contract manufacturers and traders under the ACMT scheme are relieved of the need to account for GST on value added activities supplied to non-GST registered overseas customers. On 16 July 2018, the Inland Revenue Authority of Singapore (IRAS) has re-write it e-Tax...
by admin | Jul 11, 2018 | Goods and Services Tax, Income Tax, Tech News
On 4 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Second Edition of IRAS e-Tax Guide: Tax Framework for Corporate Amalgamations. This e-Tax Guide was first published on 20 January 2010 to facilitate mergers and consolidations of...
by admin | Jul 11, 2018 | Goods and Services Tax, Income Tax, Property Tax, Tech News
On 6 July 2018, the Inland Revenue Authority of Singapore (IRAS) has announced that from 1 September 2018, CorpPass will be the only login method for online corporate transactions with the Government. This replaces the previous EASY authorisation system. CorpPass is a...
by admin | Jul 10, 2018 | Stamp Duties, Tech News
The following notification/ rules were published in the Government Gazette, electronic edition, on 5 July 2018 and came into operation on 6 July 2018: Stamp Duties Act (Amendment of First Schedule) (No. 2) Notification 2018 (S 452/2018) It amends the First Schedule to...
by admin | Jul 10, 2018 | Accounting, Tech News
The Challenge When a company put its surplus cash reserves for investment in shares and bonds for returns, what will be the impact to the company’s financial performance when the market fell sharply soon after its investment? Can the company hold on its position not...