by admin | Apr 2, 2026 | Accounting, Income Tax, Tech News
Background The trustee of a real estate investment trust (REIT) established and listed in Singapore issued a tranche of subordinated perpetual securities (the “Securities”). The Securities possess features that render them hybrid in nature – treated as equity for...
by admin | Apr 2, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling Summary No. 2/2026 (dated 2 January 2026) read together with IRAS Advance Ruling Summaries Nos. 7/2025, 10/2025, 14/2025, addressing the economic substance requirements for non-PEHEs. The...
by admin | Apr 2, 2026 | Accounting, Goods and Services Tax, Tech News
From 1 April 2026, the Beverage Container Return Scheme (BCRS) is operational in Singapore. Under this regulatory framework, sellers of regulated beverages are required to collect a refundable deposit of $0.10 per regulated beverage container, in addition to the...
by admin | Apr 2, 2026 | Accounting, Income Tax, Tech News
Section 92K of the Income Tax Act 1947 introduces a Listing Corporate Income Tax (CIT) Rebate to incentivise companies to raise public capital and expand economic activities in Singapore. Eligible entities may claim a rebate of either 10% or 20% of their CIT...
by admin | Apr 1, 2026 | Accounting, Data Protection & Cybersecurity, Tech News
The Cyber Security Agency of Singapore (CSA) has released a comprehensive update to the Cyber Essentials Mark, fundamentally raising the bar for foundational security practices among Small and Medium Enterprises (SMEs). Effective since 2025, the revised framework...
