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...
by admin | May 18, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) is proposing to require all companies to submit corporate income tax assessment revisions and objections through its Revise/Object to Assessment digital service from 1 July 2027. The proposal is expected to be subject...
by admin | May 18, 2026 | Accounting, Income Tax, Tech News
Entities with interests in subsidiaries, joint arrangements, associates or unconsolidated structured entities should ensure that their SFRS(I) 12 disclosure assessment is complete and properly documented. The standard also requires transparent disclosure of...
