by admin | Jan 8, 2022 | Company Law, Goods and Services Tax, Income Tax, Property Tax, Stamp Duties, Tech News
On or about 31 Dec 2021, under s 10 of the Revised Edition of the Laws Act 1983, the Law Revision Commission has published a revised edition of the following Acts: Companies Act 1967Economic Expansion Incentives (Relief from Income Tax) Act 1967Estate Duty Act...
by admin | Jan 6, 2022 | Goods and Services Tax, Tech News
Determining whether a supply is a B2B supply or B2C supply Under the Overseas Vendor Registration (OVR) regime, overseas suppliers are required to treat the services as supplied to a non-GST registered customer and charge and account for GST on their supplies. This is...
by admin | Jan 5, 2022 | Goods and Services Tax, Tech News
Where a return shows that the amount of input tax paid by the taxable person has exceeded the output tax which the taxable person has charged to the customers, the difference will be repaid to the taxable person (s 19(5) of the GST Act). Tax credits may be refunded...
by admin | Jan 4, 2022 | Income Tax, Tech News
On or about 23 Dec 2021, the Agreement between the Singapore and Armenia for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance (“DTA”), signed on 8 July 2019, entered into force on 23 December 2021. The...
by admin | Jan 4, 2022 | Income Tax, Tech News
On or about 3 Jan 2022, the Agreement between Singapore and Jordan for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance (“DTA”) was signed on 14 Jul 2021, entered into force on 30 December 2021. The DTA...