by admin | Jun 10, 2026 | Accounting, Income Tax, Tech News
Singapore and Tanzania signed an Avoidance of Double Taxation Agreement on 9 June 2026. The agreement is intended to reduce the risk of income being taxed twice and to provide clearer tax treatment for businesses and individuals with cross-border activities between...
by admin | Jun 8, 2026 | Accounting, Income Tax, Tech News
IRAS has updated its Transfer Pricing Guidelines to clarify how share-based compensation should be treated when determining cost bases and service income for transfer pricing purposes. The new guidance applies from Year of Assessment 2026 and is particularly relevant...
by admin | Jun 8, 2026 | Accounting, Income Tax, Tech News
IRAS has released new guidance addressing registration requirements for multinational enterprise groups subject to Singapore’s Pillar Two top-up tax regime. The FAQ covers registration for the multinational enterprise top-up tax, domestic top-up tax, and related GloBE...
by admin | Jun 3, 2026 | Accounting, Income Tax, Tech News
Singapore’s Global Minimum Tax framework is now a live compliance issue for in-scope multinational enterprise groups. With the Multinational Enterprise (Minimum Tax) Act 2024 taking effect for financial years beginning on or after 1 January 2025, affected groups...
by admin | May 27, 2026 | Accounting, Income Tax, Tech News
The International Accounting Standards Board has released IFRS 20, a new standard addressing financial reporting by entities operating under certain forms of rate regulation. The standard is effective for annual reporting periods beginning on or after 1 January 2029,...
by admin | May 20, 2026 | Accounting, Goods and Services Tax, Income Tax, Tech News
Singapore’s business compliance environment is moving steadily towards digital filing, structured e-invoicing and software-driven automation. This shift means that accounting, payroll and invoicing systems should no longer be viewed only as back-office tools. They are...
