by admin | Apr 30, 2024 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced the commencement of cash payout disbursements under the Year of Assessment (YA) 2024 Enterprise Innovation Scheme (EIS) starting April 2024. Eligible businesses and individuals operating as sole...
by admin | Apr 30, 2024 | Accounting, Income Tax, Tech News
The International Accounting Standards Board (IASB) has signalled stability for companies applying the IFRS 15 Revenue from Contracts with Customers standard, tentatively deciding against pursuing amendments or clarifications across several key areas following its...
by admin | Apr 25, 2024 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued significant updates to its record-keeping requirements, notably mandating a 7-year retention period for documents supporting Enterprise Innovation Scheme (EIS) Cash Payout claims. The updates, published on 23...
by admin | Apr 19, 2024 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has confirmed the activation schedule for its digital corporate income tax filing services for the Year of Assessment (YA) 2024. Companies can begin submitting their returns electronically from 1 July 2024. The services...
by admin | Apr 18, 2024 | Accounting, Income Tax, Tech News
Persistent global supply chain disruptions are compelling multinational enterprises (MNEs) to fundamentally reassess transfer pricing (TP) models. Events including the COVID-19 pandemic, US-China trade tensions, and Red Sea instability have exposed systemic...
