by admin | Jul 29, 2019 | Accounting, Income Tax, Tech News
On or about 29 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published a new Common Reporting Standard (CRS) compliance section on their website stating that Financial Institutions (FIs) must comply with the CRS Regulations in Singapore. Reporting...
by admin | Jul 29, 2019 | Income Tax, Tech News
As announced in Budget 2016, companies are required to e-File their Corporate Income Tax returns (including Estimated Chargeable Income (ECI), Form C and Form C-S) in a phased approach from Year of Assessments (YAs) 2018 to 2020. From YA 2020 onward, all companies are...
by admin | Jul 26, 2019 | Goods and Services Tax, Tech News
On or about 26 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published the fifth edition of the e-Tax guide, “How do I prepare my GST return”. It replaces the fourth edition published on 14 December 2018. This e-Tax Guide explains how to prepare the...
by admin | Jul 23, 2019 | Accounting, Income Tax, Tech News
On or about 23 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide on the Common Reporting Standard (CRS). The CRS is an internationally agreed standard for the automatic exchange of financial account information between...
by admin | Jul 22, 2019 | Accounting, Tech News
On or about 22 July 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/5 Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Proposed amendments to IAS 12) by 11 October 2019. The compiled comments...