by admin | Aug 6, 2019 | Employment, Income Tax, Tech News
On or about 6 August 2019, the Inland Revenue Authority of Singapore (IRAS) has assessed that the administrative concession which allows Singaporeans to opt to be assessed as non-residents for tax purposes is no longer relevant in furthering its objective of removing...
by admin | Aug 5, 2019 | Income Tax, Tech News
On or about 5 August 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content in its website on determining the tax residence of foreign-owned investment holding companies. A company is either a tax resident or a non-resident of Singapore. In...
by admin | Aug 2, 2019 | Accounting, Tech News
On or about 2 August 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2) by 18 October 2019. The compiled comments would then be...
by admin | Aug 1, 2019 | Income Tax, Tech News
On or about 1 August 2019. the Government Gazette has published the Income Tax (Exemption of Workfare Bicentennial Bonus) Notification 2019. The Minister of Finance has made the following notification: Cash payment made by the Government to an individual under the...
by admin | Aug 1, 2019 | Accounting, Tech News
On or about 1 August 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment to the International Financial Reporting Standards (IFRS) Due Process Oversight Committee on Exposure Draft on Proposed amendments to the IFRS Foundation Due Process...
