by admin | Feb 26, 2025 | Accounting, Income Tax, Tech News
Significant amendments to Singapore’s Multinational Enterprise (Minimum Tax) Regulations 2024 came into force on 25 February 2025, following the publication of the Multinational Enterprise (Minimum Tax) (Amendment) Regulations 2025 in the Government Gazette. The...
by admin | Feb 26, 2025 | Accounting, Income Tax, Tech News
Significant procedural changes for taxpayers appealing to the Income Tax Board of Review (ITBR) will come into force on April 1, 2025, following the publication of the Income Tax (Appeals Procedure for Board of Review) (Amendment) Regulations 2025 in the Government...
by admin | Feb 25, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a critical deadline reminder for financial institutions regarding Common Reporting Standard (CRS) compliance. Entities that qualified as Reporting Singapore Financial Institutions (SGFIs) during the 2024...
by admin | Feb 25, 2025 | Accounting, Income Tax, Tech News
The International Financial Reporting Standards Foundation (IFRS) has published significant updates across its digital platforms, featuring new technical resources, upcoming meeting details, and summaries of recent advisory discussions. These updates are critical for...
by admin | Feb 24, 2025 | Accounting, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has formally announced an extension to its waiver of late filing penalties, now effective until 15 March 2025. This relief measure applies to entities with statutory filings originally due between 9 December...
