by admin | Nov 19, 2019 | Goods and Services Tax, Tech News
On or about 19 November 2019, the Inland Revenue Authority of Singapore (IRAS) has released information on Digital Payment Tokens. A digital payment token refers to any cryptographically-secured digital representation of value that is used or intended to be used as a...
by admin | Nov 19, 2019 | Goods and Services Tax, Tech News
On or about 19 November 2019, the Inland Revenue Authority of Singapore (IRAS) has published a summary of the key suggestions received on the draft e-Tax Guide “GST: Digital Payment Tokens” and its responses to the suggestions. The IRAS has received 19 comments from...
by admin | Nov 19, 2019 | Goods and Services Tax, Tech News
On or about 19 November 2019, the Inland Revenue Authority of Singapore (IRAS) has published the first edition of e-Tax Guide GST: Digital Payment Tokens. This first edition of e-Tax Guide sets out the GST treatment of transactions involving digital tokens or...
by admin | Nov 19, 2019 | Income Tax, Tech News
On or about 19 November 2019, the Inland Revenue Authority of Singapore (IRAS) has also updated their bank account details for payments made from 18 November 2019 onward. The Application Form for Income Tax Advance Ruling has been revised, the form is to be used for...
by admin | Nov 13, 2019 | Accounting, Income Tax, Tech News
On or about 13 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content on adopting financial reporting standard (FRS) 39 and 109 and its tax implications. Effective 1 January 2005, companies are required to comply with FRS 39 –...
