On or about 23 September 2019, the Inland Revenue Authority of Singapore (IRAS) has released the fifth edition of the e-Tax Guide GST: Concession for REITs and Qualifying Registered Business Trusts Listed in Singapore.
The revised e-Tax Guide incorporates editorial changes and the following amendments:
- added footnote to include registration liability due to reverse charge
- inserted information to reflect changes due to reverse charge, and
- inserted paragraph to clarify that the value of imported services should be excluded from the input tax apportionment formula.
For more information, please visit the IRAS website.
Source: IRAS website, 23 September 2019.