by admin | Dec 17, 2019 | Income Tax, Tech News
On or about 17 December 2019, Singapore and the Republic of Tunisia has signed the Avoidance of Double Taxation Agreement (DTA). The DTA between Singapore and Tunisia is expected to: clarify the taxing rights of both countries on all forms of income flows arising from...
by admin | Dec 13, 2019 | Income Tax, Tech News
On or about 13 December 2019, the Inland Revenue Authority of Singapore (IRAS) has updated on its website regarding Business and IPC Partnership Scheme (BIPS), a scheme to encourage corporate volunteerism, under which businesses may claim 250% tax deduction on...
by admin | Dec 12, 2019 | Income Tax, Tech News
On or about 12 December 2019, the Inland Revenue Board of Singapore (IRAS) has released the third edition of the e-Tax Guide on Pioneer Incentive: Tax Treatment of Gains and Losses from a Separate Trade. It replaces the second edition published on 29 August 2017. The...
by admin | Dec 11, 2019 | Employment, Income Tax, Tech News
Employers who are eligible for the Scheme can look forward to the seventh tranche of Wage Credit Scheme (WCS) payouts in March 2020 — a scheme which seeks to support businesses embarking on transformation efforts and encourage sharing of productivity gains with...
by admin | Dec 10, 2019 | Goods and Services Tax, Tech News
In less than a month the Goods and Services Tax (GST) will be levied on imported services, experts have said that these would impact business-to-business (B2B) services from abroad such as banks, insurers and charities. However, the industries have responded that they...