by admin | Sep 18, 2025 | Accounting, Company Law, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has revised its published guidance on the tax treatment of interest-free or subsidised loans granted to company directors and employees who hold substantial shareholdings, or who exercise control or significant...
by admin | Sep 16, 2025 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published its Annual Report for the Fiscal Year 2024/2025. The data indicates a continued emphasis on enforcement and the maturation of international tax transparency frameworks, presenting several key operational...
by admin | Sep 3, 2025 | Accounting, Income Tax, Tech News
The Income Tax (Refundable Investment Credits) Regulations 2025 were formally gazetted on 1 September 2025 and are now in effect. This provides the critical operational and computational framework for the new Refundable Investment Credit (RIC) regime, as previously...
by admin | Sep 3, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released an updated and detailed directory of recognised Centres of Innovation (COIs). This list is critical for accountants and tax advisors assisting clients with compliance under the Enterprise Innovation Scheme...
by admin | Sep 2, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published an advance ruling (Summary 17/2025) clarifying the application of the Qualifying Investor test under the Section 13O tax incentive scheme for a multi-tier, wholly Singaporean corporate structure. Case...
by admin | Sep 2, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published an advance ruling clarifying that unrealized revaluation gains on overseas investment shares are not subject to tax under Section 10L of the Income Tax Act 1947 when distributed in specie during a...
