by admin | Aug 15, 2019 | Income Tax, Tech News
On or about 15 August 2019, the Fees (Income Tax) (Amendment) Order 2019 was published in the Government Gazette (electronic edition). The changes came into operation on 15 August 2019. The fee payable to Comptroller of Income Tax for the search of any document not...
by admin | Aug 15, 2019 | Income Tax, Tech News
On or about 15 August 2019, the Ministry of Finance (MOF) has released the summary of responses to the public consultation on the draft Income Tax (Amendment) Bill 2019. The key feedback received pertained to the following tax changes: to increase the prescribed...
by admin | Aug 6, 2019 | Employment, Income Tax, Tech News
On or about 6 August 2019, the Inland Revenue Authority of Singapore (IRAS) has assessed that the administrative concession which allows Singaporeans to opt to be assessed as non-residents for tax purposes is no longer relevant in furthering its objective of removing...
by admin | Aug 5, 2019 | Income Tax, Tech News
On or about 5 August 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content in its website on determining the tax residence of foreign-owned investment holding companies. A company is either a tax resident or a non-resident of Singapore. In...
by admin | Aug 1, 2019 | Income Tax, Tech News
On or about 1 August 2019. the Government Gazette has published the Income Tax (Exemption of Workfare Bicentennial Bonus) Notification 2019. The Minister of Finance has made the following notification: Cash payment made by the Government to an individual under the...
by admin | Aug 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...
