On or about 23 October 2019, the Inland Revenue Authority of Singapore (IRAS) has published a revised 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
- Who is subject to reverse charge
- Scope of reverse charge
- Value of imported services
- Related party transactions
- Qualifying funds
- Documentation requirements
- Transitional rules
For more information, please visit the IRAS website.
Source: IRAS website, 23 October 2019