by admin | May 13, 2026 | Accounting, Income Tax, Tech News
Singapore and Bhutan signed a new Double Tax Agreement on 12 May 2026 covering taxes on income. The agreement is not yet effective and will take effect only after both jurisdictions complete their ratification procedures. Key tax and business impacts The DTA is...
by admin | May 13, 2026 | Artificial Intelligence (AI), Auditing, Income Tax, News, Tech News
I attended today’s ISCA and Wolters Kluwer roundtable lunch discussion on how cloud-based audit technologies are reshaping audit delivery, firm operations, cybersecurity expectations, staff retention, and the future use of AI in assurance work. The discussion...
by admin | May 12, 2026 | Accounting, Income Tax, Tech News
The International Accounting Standards Board has proposed a narrow amendment to the IFRS for SMEs Accounting Standard that would extend consolidation relief to certain intermediate parent entities. The change is intended to reduce reporting costs for eligible SMEs...
by admin | May 11, 2026 | Accounting, Income Tax, News, Tech News
For many SMEs, value is already present in the business but not yet fully visible to banks, investors, buyers, succession stakeholders or strategic partners. The issue is often not a lack of ambition, growth potential or operating capability. The gap lies in whether...
by admin | May 11, 2026 | Accounting, Income Tax, Tech News
Registration has commenced for multinational enterprise groups that fall within the scope of Singapore’s Multinational Enterprise (Minimum Tax) Act 2024. In-scope groups must register online through the IRAS form, which is to be submitted by the ultimate parent entity...
by admin | May 6, 2026 | Accounting, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) of Singapore has alerted registered corporate service providers (CSPs) to a rising scheme where scammers use forged or doctored identification documents to appoint unwitting individuals as directors of newly...
