by admin | Dec 2, 2019 | Income Tax, Tech News
On or about 2 December 2019, the Income Tax Act — Income Tax (Deduction for Expenditure of Qualifying Individual under Section 14ZD) Rules 2019 was updated on the Government Gazette. The rules are the Income Tax (Deduction for Expenditure of Qualifying Individual...
by admin | Dec 1, 2019 | Income Tax, Tech News
Singapore has participated in the negotiation of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). The MLI is intended to allow jurisdictions...
by admin | Nov 30, 2019 | Company Law, Tech News
On or about 1 October 2018, the Parliament of Singapore passed into law a new type of corporate structure, the Variable Capital Company (“VCC”) that put Singapore in the same league as other global fund hubs like Cayman Islands, Dublin and Luxembourg. The VCC...
by admin | Nov 28, 2019 | Income Tax, Tech News
On or about 28 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated its content on advisory scams as the Corporate Tax filing due date is nearing. Taxpayers are urged to lodge a complaint to the police on receiving mails with the subject heading...
by admin | Nov 28, 2019 | Accounting, Tech News
On or about 28 November 2019, the Accounting Standards Council (ASC) has submitted its comment on ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2) to IASB. ASC is in supportive of the IASB’s decisions to apply...
