by admin | Oct 11, 2025 | Accounting, Income Tax, Tech News
The Ministry of Finance (MOF) has released its formal responses to public feedback on the proposed Finance (Income Taxes) Bill 2025, addressing several key tax policy refinements. The consultation responses relate to provisions affecting corporate income tax...
by admin | Oct 11, 2025 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released an updated version of the AEOI Tax Identification Number (TIN) Guide, providing enhanced direction for Reporting Singapore Financial Institutions (SGFIs) in fulfilling their Common Reporting Standard (CRS)...
by admin | Oct 4, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released significant updates to its Foreign Tax Credit (FTC) framework, effective 30 September 2025. These updates provide critical clarification on two fronts: the eligibility of FTCs on unrealised gains and the...
by admin | Oct 3, 2025 | Accounting, Income Tax, Stamp Duties, Tech News
A recent Singapore High Court decision, Ngor Shing Rong Jake v Wong Mei Lee Millie [2025] SGHC 119, provides critical guidance on the enforcement of beneficial interests in property held under a “99:1” legal ownership structure, particularly where an...
by admin | Oct 2, 2025 | Accounting, Employment, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued definitive guidance on the upcoming legislative enhancements to the tax deduction scheme for Employee Equity-Based Remuneration (EEBR). Effective from the Year of Assessment (YA) 2026, these changes aim to...
by admin | Oct 2, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued clarifications and amendments to the guidance for the Enterprise Innovation Scheme (EIS), effective 30 September 2025. These updates impact the qualification criteria for the cash payout option and the...