by admin | Aug 15, 2019 | Income Tax, Tech News
On or about 15 August 2019, the Ministry of Finance (MOF) has released the summary of responses to the public consultation on the draft Income Tax (Amendment) Bill 2019. The key feedback received pertained to the following tax changes: to increase the prescribed...
by admin | Aug 8, 2019 | Accounting, Goods and Services Tax, Income Tax, Tech News
On or about 8 August 2019, the Inland Revenue Authority of Singapore (IRAS) has updated its content on advisory scams. Scam Email – ‘Inland Revenue Authority of Singapore-Refund-Online-Confirmation’ Members of the public are advised to ignore an...
by admin | Aug 6, 2019 | Employment, Income Tax, Tech News
On or about 6 August 2019, the Inland Revenue Authority of Singapore (IRAS) has assessed that the administrative concession which allows Singaporeans to opt to be assessed as non-residents for tax purposes is no longer relevant in furthering its objective of removing...
by admin | Aug 5, 2019 | Income Tax, Tech News
On or about 5 August 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content in its website on determining the tax residence of foreign-owned investment holding companies. A company is either a tax resident or a non-resident of Singapore. In...
by admin | Aug 2, 2019 | Accounting, Tech News
On or about 2 August 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2) by 18 October 2019. The compiled comments would then be...
