by admin | Oct 27, 2017 | Accounting, Tech News
The Accounting Standards Council (ASC) has submitted comment letters to the International Accounting Standards Board (IASB) on Request for Information: Post-implementation Review: IFRS 13 Fair Value Measurement. The Post-implementation review is to evaluate the...
by admin | Oct 27, 2017 | Accounting, Tech News
The Accounting Standards Council (ASC) has submitted a comment letter dated 19 October 2017 to the International Accounting Standards Board (IASB) on ED/2017/4 Property, Plant and Equipment — Proceeds before Intended Use (Proposed amendments to IAS 16). The ASC has...
by admin | Oct 19, 2017 | Income Tax, Tech News
The Forum on Harmful Tax Practices (FHTP) has on 16 October 2017 released a progress report on its assessment that Singapore’s tax incentives satisfy the international standards on countering harmful tax practices under the OECD/G20 BEPS project. In June 2016,...
by admin | Oct 18, 2017 | Income Tax, Tech News
IRAS has published an e-Tax Guide — Avoidance of Double Taxation Agreements (DTAs) on 11 October 2017, a guidance on the interpretation and application of Singapore’s DTAs. As Singapore is not a member of OECD, although the OECD Model Tax Convention and the UN Model...
by admin | Oct 17, 2017 | Accounting, Tech News
The International Accounting Standards Board (IASB) has issued an amendments to IFRS 9 Financial Instruments and to IAS 28 Investments in Associates and Joint Ventures to aid implementation on 12 October 2017. The amendments to the IFRS 9 Financial instruments, allow...