On or about 22 August 2019, the Inland Revenue Authority of Singapore (IRAS) has released the Frequently Asked Questions (FAQ) on reverse charge to reflect the latest operational guidelines.
The FAQ is arranged into the following sections:
- Overview of reverse charge
- Applicability of reverse charge
- Scope of reverse charge
- Value of imported services
- Related party transactions
- Qualifying funds
- Documentation review.
For more information, please visit the IRAS website.
Source: IRAS website, 22 August.