by admin | Apr 12, 2021 | Income Tax, Tech News
On or about 9 Apr 2021, the Inland Revenue Authority of Singapore (IRAS) has published the seventh edition of the e-Tax Guide, Income Tax: Tax Exemption under Sec 13(12) for Specified Scenarios, Real Estate Investment Trusts and Qualifying Offshore Infrastructure...
by admin | Apr 6, 2021 | Income Tax, Tech News
On or about 1 Apr 2021, the Inland Revenue Authority of Singapore (IRAS) has published an Income Tax Advance Ruling Summary No. 3/2021 with regards to “Source of franchise income”. The subject was whether the franchise income derived by a company is...
by admin | Apr 6, 2021 | Accounting, Tech News
On or about 31 March 2021, the International Accounting Standards Board (IASB) has extended by one year the application period of the practical expedient in IFRS 16 Leases to help lessees accounting for COVID-19-related rent concessions that reduce lease payments due...
by admin | Apr 2, 2021 | Income Tax, Tech News
On or about 31 Mar 2021, the Inland Revenue Authority of Singapore (IRAS) has published the fourth edition of the IRAS e-Tax Guide on Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses. It replaces the third edition published on 17 Aug 2020. This...
by admin | Mar 22, 2021 | Income Tax, Tech News
On or about 19 Mar 2021, the Inland Revenue Authority of Singapore (IRAS) has published an IRAS e-Tax Guide on Transfer Pricing Guidelines Special Topic – Centralised Activities in Multinational Enterprise Groups. This e-Tax Guide: Discusses the economic value...