by admin | Sep 29, 2026 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on the sale and disposal of business assets, clarifying the conditions under which disposed assets may be treated as having no market value for GST purposes. The clarification, published on 28...
by admin | Sep 29, 2026 | Accounting, Tech News
The International Accounting Standards Board (IASB) has issued a Request for Information (RFI) seeking stakeholder feedback on the hedge accounting requirements under IFRS Accounting Standards. Announced on 28 September 2026, the consultation forms part of the...
by admin | Sep 28, 2026 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its transfer pricing guidance following the publication of the Transfer Pricing Guidelines (Ninth Edition), clarifying the application of the arm’s length principle to share-based compensation (SBC)...
by admin | Sep 23, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on taxable and non-taxable income to clarify the income tax treatment of certain grants and payouts provided by the Infocomm Media Development Authority (IMDA). According to the guidance updated...
by admin | Sep 17, 2026 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has reported the completion of more than 2,700 GST audits during 2025/2026, resulting in the recovery of approximately S$226 million in taxes and penalties. The audits covered businesses across various industries and...
