by admin | Dec 4, 2025 | Accounting, Auditing, Income Tax, Tech News
The General Division of the High Court of Singapore has dismissed applications by two note issuers seeking to preserve Qualifying Debt Securities (QDS) tax status for amended notes following a scheme of arrangement. This ruling serves as a critical technical alert for...
by admin | Dec 2, 2025 | Accounting, Auditing, Goods and Services Tax, Income Tax, Tech News
The Ministry of Finance (MOF) has formally initiated its public consultation for the Singapore Budget 2026, with submissions due by 12 January 2026. The call, structured around themes of economic advancement, job security, and social progression, signals potential...
by admin | Dec 1, 2025 | Accounting, Auditing, Income Tax, Tech News
Singapore has amended its Global Trading Company (GTC) incentive regime, introducing significant changes applicable from Year of Assessment 2025. The revisions to Regulations 3, 4, and 5 of the Income Tax (Concessionary Rate of Tax for Global Trading Companies)...
by admin | Dec 1, 2025 | Accounting, Auditing, Income Tax, Tech News
In a significant administrative shift, Singapore’s Ministry of Finance has formally delegated the authority to specify precise concessionary tax rates under four key incentive schemes to the Economic Development Board (EDB) and Enterprise Singapore (ESG). The...