by admin | Oct 1, 2019 | Income Tax, Tech News
Singapore has participated in the negotiation of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). The MLI is intended to allow jurisdictions...
by admin | Sep 3, 2019 | Company Law, Income Tax, Property Tax, Stamp Duties, Tech News
On or about 3 September 2019, the Variable Capital Companies (Miscellaneous Amendments) Bill was read for the second time in Parliament on 3 September 2019 by Ms Indranee Rajah, Second Minister for Finance. The Bill comprises two broad categories of proposed...
by admin | Sep 2, 2019 | Income Tax, Tech News
On or about 2 September 2019, the Income Tax (Amendment) Bill was read for the first time in Parliament on 2 September 2019. The main proposed amendments are: The granting of a personal income tax rebate of 50% of tax payable capped at $200 for all tax resident...
by admin | Sep 1, 2019 | Income Tax, Tech News
Singapore has participated in the negotiation of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). The MLI is intended to allow jurisdictions...
by admin | Aug 28, 2019 | Income Tax, Tech News
On or about 28 August 2019, Singapore and Turkmenistan have signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA). The DTA seeks to improve cross-border trade and investment, lower withholding tax rates and clarifies jurisdictional rights between...
by admin | Aug 16, 2019 | Income Tax, Tech News
On or about 16 August 2019, Singapore signed a Protocol amending the Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (“DTA”) with the Government of Ukraine. The Protocol amends the Exchange of...