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Second Protocol to Singapore-Cambodia DTA Enters into Force, Introducing Principal Purpose Test

by admin | Mar 9, 2026 | Accounting, Auditing, Income Tax, Tech News

The Second Protocol amending the Agreement between Singapore and Cambodia for the Avoidance of Double Taxation (DTA) entered into force on 6 March 2026, the Ministry of Finance has confirmed . Signed on 2 November 2023, this protocol introduces critical changes that...

IRAS Advance Ruling Confirms Capital Treatment for Related-Party Property Disposal

by admin | Mar 4, 2026 | Accounting, Auditing, Income Tax, Tech News

Singapore’s Inland Revenue Authority of Singapore (IRAS) has published Advance Ruling Summary No. 4/2026, addressing the tax treatment of gains arising from the sale of a company’s office property to a related party . Background of the Application Company A, a...

Board Grants Leave to Introduce New Grounds of Appeal in Capital Allowance Dispute

by admin | Mar 3, 2026 | Accounting, Auditing, Income Tax, Tech News

In a published decision that provides practical guidance on appeal procedure, the Income Tax Board of Review (the “Board”) has addressed the requirements for introducing new grounds of appeal in a tax dispute concerning capital allowance claims for a...

Recent Posts

  • Second Protocol to Singapore-Cambodia DTA Enters into Force, Introducing Principal Purpose Test
  • IRAS Advance Ruling Confirms Capital Treatment for Related-Party Property Disposal
  • Board Grants Leave to Introduce New Grounds of Appeal in Capital Allowance Dispute
  • IASB Proposes Targeted Clarifications to Fair Value Option in IAS 28
  • Singapore-Taiwan DTA Revamp Entered into force on 13 Feb 2026

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