by admin | Jul 7, 2018 | Stamp Duties, Tech News
On 5 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the third edition of e-Tax Guide on Additional Conveyance Duties on Property-Holding Entities. This e-Tax Guide replaces the second edition which was published on 19 February 2018 to reflect...
by admin | Jul 1, 2018 | Income Tax, Tech News
On 27 June 2018, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide – “Intellectual Property Rights Valuation Report for Purposes of Section 19B of the Income Tax Act” to provide guidance on when an independent valuation...
by admin | Jul 1, 2018 | Accounting, Tech News
The International Financial Reporting Standard (IFRS) has issued a new educational webcast on IFRS 9 Financial Instruments. In this webcast, Senior Technical Adviser Liz Figgie will discuss on how to apply IFRS 9 Financial Instruments to financial assets with...
by admin | Jun 28, 2018 | Goods and Services Tax, Tech News
On 22 June 2018, the Goods and Services Tax Act (Amendment of First Schedule) Order 2018 (S 415/2018) was published in the Government Gazette (electronic edition) and came into operation on 25 June 2018. Paragraphs 1(1), 1(2), 1(3), 4(1), 7 and 8(1)(a)(ii)(B) of the...
by admin | Jun 19, 2018 | Income Tax, Tech News
Section 72 of the Singapore Income Tax states that assessments to income tax are made by the Comptroller of Income Tax. An assessment is normally made on the basis of the information provided by a taxpayer or its agent in the relevant return of income. If the...
