by admin | Aug 22, 2019 | Goods and Services Tax, Tech News
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...
by admin | Aug 21, 2019 | Goods and Services Tax, Tech News
On or about 21 August 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content of its website to explain the process of GST registration, of which the same rules apply for both local and overseas entities. An overseas entity is defined as one...
by admin | Aug 20, 2019 | Accounting, Tech News
On or about 20 August 2019, the Accounting Standards Council (ASC) has submitted its comment on ED/2019/2 Annual Improvements to IFRS Standards 2018β2020 to the IASB. The ASC are generally supportive of the proposals set out in the ED, subject to their comments on...
by admin | Aug 16, 2019 | Income Tax, Tech News
On or about 16 August 2019, Singapore signed a Protocol amending the Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (βDTAβ) with the Government of Ukraine. The Protocol amends the Exchange of...
by admin | Aug 16, 2019 | Goods and Services Tax, Tech News
On or about 16 August 2019, the Inland Revenue Authority of Singapore (IRAS) has published the third edition of the e-Tax Guide on GST: Customer Accounting for Prescribed Goods. It replaces the second edition published on 13 December 2018. The third edition of the...