by admin | Jul 14, 2026 | Accounting, Artificial Intelligence (AI), Tech News
The development of agentic artificial intelligence is expanding the role of AI from generating content and analysis to initiating transactions, accessing multiple systems and completing multi-step business processes. For finance functions, this creates opportunities...
by admin | Jul 12, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (“IRAS”) has taken a closer look at arrangements under which high-income individuals provide services through private companies while receiving relatively low remuneration personally. IRAS has reportedly identified 279...
by admin | Jul 11, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has expanded its guidance on payments to non-resident companies for technical and management services under sections 12(7)(b) and 12(7)(c) of the Income Tax Act 1947. The updated guidance explains how the place where...
by admin | Jul 10, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated the explanatory notes for its Foreign Income Tracking Schedule to clarify the supporting-document retention obligations for companies. Records relating to foreign income must generally be kept for five years...
by admin | Jul 6, 2026 | Accounting, Income Tax, Tech News
On 1 July 2026, the Inland Revenue Authority of Singapore (IRAS) updated its published summaries of income tax advance rulings by adding three new corporate tax-related summaries under the category covering matters other than individual income tax. The new summaries...
