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IFRS Foundation Publishes Key September 2024 Meeting Materials and Updates

by admin | Sep 7, 2024 | Accounting, Income Tax, Tech News

The IFRS Foundation has released significant updates to its digital resources, including critical materials for upcoming September meetings and recent technical publications. Accounting professionals, standard-setters, and financial reporters should note the following...

InvoiceNow E-Invoicing for GST-Registered Businesses: Timeline and Global Context

by admin | Sep 5, 2024 | Accounting, Goods and Services Tax, Income Tax, Tech News

The Inland Revenue Authority of Singapore (IRAS) and Infocomm Media Development Authority (IMDA) have finalized a phased mandate for InvoiceNow, Singapore’s PEPPOL-based e-invoicing network. The move aims to digitize tax compliance and streamline business processes,...

MOF Responds to Public Feedback on draft Income Tax (Amendment) Bill 2024

by admin | Sep 3, 2024 | Accounting, Income Tax, Tech News

The Ministry of Finance (MOF) has published its detailed responses to feedback received during the public consultation on the draft Income Tax (Amendment) Bill 2024, conducted earlier this year. The responses address significant proposed changes to Singapore’s...

MOF Responses to Public Feedback on Global Minimum Tax Legislation

by admin | Sep 2, 2024 | Accounting, Income Tax, Tech News

The Ministry of Finance (MoF) has released its comprehensive responses to the public consultation feedback received on the draft Multinational Enterprise (Minimum Tax) Bill and its accompanying subsidiary legislation. The consultation, which sought input from...
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