by admin | Jan 31, 2020 | Income Tax, Tech News
Singapore’s National Development Minister Lawrence Wong said that the Government is studying how best to support the hospitality, tourism, retail, and food and beverage sectors that have been hit by the Wuhan virus outbreak. The Minister addressing the Real Estate...
by admin | Jan 31, 2020 | Income Tax, Tech News
On or about 31 January 2020, the Inland Revenue Authority of Singapore (IRAS) has updated its website contents on Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Singapore has participated in the...
by admin | Jan 20, 2020 | Income Tax, Tech News
On or about 20 January 2020, the Inland Revenue Authority of Singapore (IRAS) has updated its content on advisory scams as the Corporate Tax filing due date is nearing. Taxpayers are advised to ignore an image of a scam email titled ‘Inland Revenue Authority of...
by admin | Jan 13, 2020 | Company Law, Goods and Services Tax, Income Tax, Tech News
On or about 5 August 2019, the Variable Capital Companies (Miscellaneous Amendments) Bill was tabled in Parliament to introduce a tax framework for variable capital companies (VCCs) incorporated under the Variable Capital Companies Act 2018 (VCC Act). On or about 24...
by admin | Jan 13, 2020 | Income Tax, Tech News
Robin Hood tax may be implemented to have higher taxes for successful businesses and individuals, however, it may not be a good idea in the case for Singapore. (Populist policies will lead to higher taxes: DBS Chief, Jan 10). Raising taxes will just move them to other...
by admin | Jan 9, 2020 | Income Tax, Tech News
On or about 2 January 2020, the Inland Revenue Authority of Singapore (IRAS) has launched a new initiative for tax agents be authorised by their individual clients to access their income tax matters via myTax Portal. Under the new initiative from 15 March 2019, a tax...