by admin | Jun 10, 2026 | Accounting, Income Tax, Tech News
Singapore and Tanzania signed an Avoidance of Double Taxation Agreement on 9 June 2026. The agreement is intended to reduce the risk of income being taxed twice and to provide clearer tax treatment for businesses and individuals with cross-border activities between...
by admin | Jun 9, 2026 | Artificial Intelligence (AI), Data Protection & Cybersecurity, News, Sustainability Reporting
The role of the accountant is evolving rapidly as businesses respond to sustainability expectations, artificial intelligence, digital transformation and increasing demand for trusted professional judgement. Accounting firms and finance teams must ensure that their...
by admin | Jun 9, 2026 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore has indicated that GST-registered businesses already on InvoiceNow before 2026 will receive notification of their compulsory GST InvoiceNow implementation date by mid-2026. Businesses that are already GST-registered may also...
by admin | Jun 8, 2026 | Accounting, Income Tax, Tech News
IRAS has updated its Transfer Pricing Guidelines to clarify how share-based compensation should be treated when determining cost bases and service income for transfer pricing purposes. The new guidance applies from Year of Assessment 2026 and is particularly relevant...
by admin | Jun 8, 2026 | Accounting, Income Tax, Tech News
IRAS has released new guidance addressing registration requirements for multinational enterprise groups subject to Singapore’s Pillar Two top-up tax regime. The FAQ covers registration for the multinational enterprise top-up tax, domestic top-up tax, and related GloBE...
