by admin | Oct 1, 2026 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on foreign currency transactions and foreign exchange gains or losses for GST purposes, providing further clarification on the use of exchange rates, the treatment of different transaction types...
by admin | Sep 29, 2026 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on the sale and disposal of business assets, clarifying the conditions under which disposed assets may be treated as having no market value for GST purposes. The clarification, published on 28...
by admin | Sep 28, 2026 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its transfer pricing guidance following the publication of the Transfer Pricing Guidelines (Ninth Edition), clarifying the application of the arm’s length principle to share-based compensation (SBC)...
by admin | Sep 23, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on taxable and non-taxable income to clarify the income tax treatment of certain grants and payouts provided by the Infocomm Media Development Authority (IMDA). According to the guidance updated...
by admin | Sep 9, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on preparing corporate income tax computations, providing clarification for companies that change their financial year end and consequently prepare financial statements covering more than 12...
by admin | Sep 1, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published two income tax advance ruling summaries addressing the tax treatment of tax-deferred distributions and gains arising from the waiver of a loan. The rulings concern two important areas of corporate...
