Withholding Tax, content updated

On or about 27 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated information on Filing and Paying Withholding Tax. Under the current tax law, a person who makes payment(s) of a specified nature to a non-resident company or individual is...

Tax implications with Mauritius changes

In October 2019, Mauritius has ratified the multilateral instrument (MLI) pursuant to the base erosion and profit shifting (BEPS) project. The MLI is the agreement that allows jurisdictions to amend their tax treaties to include tax treaty-related BEPS...

e-Tax Guide GST: Guide for E-Commerce

On or about 21 November 2019, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide GST: Guide for E-Commerce. This e-Tax Guide explains the GST principles relevant to the e-commerce industry and provides assistance in understanding how Goods...

Digital Payment Tokens

On or about 19 November 2019, the Inland Revenue Authority of Singapore (IRAS) has released information on Digital Payment Tokens. A digital payment token refers to any cryptographically-secured digital representation of value that is used or intended to be used as a...