by admin | Nov 20, 2018 | Accounting, Income Tax, Tech News
On 16 November 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Second Edition of the e-Tax guide on Tax Treatment Arising from Adoption of FRS 115 or SFRS(I) 15 – Revenue from Contracts with Customers that replaces the First edition...
by admin | Nov 18, 2018 | Income Tax, Tech News
On 13 November 2018, Singapore has signed a Tax Information Exchange Agreement (TIEA) and a reciprocal Foreign Account Tax Compliance Act Model 1 Intergovernmental Agreement (reciprocal FATCA IGA) with the United States of America (USA). The TIEA will permit Singapore...
by admin | Nov 14, 2018 | Goods and Services Tax, Income Tax, Tech News
On 12 November 2018, the Income Tax (Amendment) Act 2018 was gazetted and published in the electronic gazette. These legislative amendments is to effect changes announced in Budget 2018: changes arising from the periodic review of the income tax system and changes to...
by admin | Nov 11, 2018 | News
To achieve alignment around a strategic vision for Singapore Accountancy Alliance (SAA), we conducted our Strategy Workshop for a second year, gathering partners from member firms and working together on a Saturday morning at Tanah Merah Country Club – Garden...
by admin | Nov 4, 2018 | Income Tax, Tech News
Applying for Certificate of Residence (COR)/ Tax Reclaim Form For the purpose of claiming tax benefits under the Avoidance of Double Taxation Agreements (DTAs), a Singapore tax resident company is required to obtain a Certificate of Residence (COR) in order to apply...