by admin | Jun 26, 2024 | Accounting, Auditing, Company Law, Ethics, Income Tax, Tech News
The Singapore government has released its comprehensive Money Laundering National Risk Assessment (NRA) Report 2024, offering a detailed analysis of current and emerging money laundering (ML) threats and vulnerabilities across the nation’s financial and business...
by admin | Jun 26, 2024 | Accounting, Income Tax, Tech News
The International Sustainability Standards Board (ISSB) is taking significant steps to standardize how companies worldwide disclose their strategies for transitioning to a lower-carbon economy. This initiative aims to combat market fragmentation and enhance the...
by admin | Jun 26, 2024 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has formally issued the annual Section 68(2) Notice to Employers for the year 2024. Published in the Government Gazette on 21 June 2024, the notice mandates all employers operating in Singapore, including non-resident...
by admin | Jun 26, 2024 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published updated guidance clarifying the responsibilities of financial account holders under international tax compliance frameworks, the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard...
by admin | Jun 26, 2024 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has highlighted crucial temporary relief procedures for Reporting Singapore Financial Institutions (SGFIs) facing challenges in obtaining US Taxpayer Identification Numbers (US TINs) for pre-existing accounts under the...
