by admin | Apr 23, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued the 8th Edition of its Transfer Pricing Guidelines (TPG), effective 19 November 2025. The updates introduce significant compliance relief for related party domestic loans, a new optional Simplified and...
by admin | Apr 22, 2026 | Accounting, Income Tax, Tech News
In response to the IASB’s Exposure Draft on proposed changes to the fair value option under IAS 28, the Accounting Standards Committee (ASC) of Singapore has expressed general support for the amendments. The ASC agrees that the revisions will reduce diversity in...
by admin | Apr 21, 2026 | Accounting, Income Tax, Tech News
The Double Taxation Agreement (DTA) between Singapore and Kenya took effect on 20 April 2026, capping withholding tax rates on dividends, interest, royalties, and technical fees — with a 0% rate for government-related payments. Implications Lower cross-border tax...
by admin | Apr 20, 2026 | Accounting, Company Law, Income Tax, Tech News
Singapore continues to strengthen its position as a leading hub for private wealth management. Recent developments in tax incentives, regulatory frameworks, and investment vehicles have created both opportunities and complexities for families and their advisors. This...
by admin | Apr 16, 2026 | Accounting, Income Tax, Tech News
On 15 April 2026, Singapore became a signatory to the Multilateral Competent Authority Agreement (MCAA) for the exchange of Global Anti-Base Erosion (GloBE) information. This enables multinational enterprise (MNE) groups to participate in a central filing mechanism...
by admin | Apr 14, 2026 | Accounting, Income Tax, Tech News
The Income Tax Board of Review has dismissed a taxpayer’s appeal against an income tax assessment on gains arising from the disposal of a leasehold interest developed and sold to a real estate investment trust (REIT). In GIX v The Comptroller of Income Tax [2026]...