by admin | Jan 6, 2026 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has formally announced the filing timeline for the Year of Assessment (YA) 2026 for non-corporate entities via The Government Gazette (2 Jan 2026). Key dates mandate attention from professional practitioners. Critical...
by admin | Jan 6, 2026 | Accounting, Income Tax, Tech News
The OECD/G20 Inclusive Framework has announced significant simplifications to the Global Anti-Base Erosion (GloBE) Rules under Pillar Two. The newly agreed safe harbours, detailed in a 5 January 2026 Side-by-Side Package, aim to reduce administrative burdens for...
by admin | Jan 3, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has established the prescribed indicative margin for related party loans at +180 basis points (1.80%) for the 2026 calendar year. This margin, referenced to Risk-Free Rates (RFRs), serves as a critical benchmark for...
by admin | Jan 3, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued an advance ruling (Summary 1/2026) clarifying a critical procedural aspect of Section 10(25) of the Income Tax Act 1947. The case involves a Singapore branch (SG Branch) of a foreign-incorporated,...
by admin | Jan 3, 2026 | Accounting, Income Tax, Tech News
Singapore’s Inland Revenue Authority (IRAS) has issued an advance ruling (Summary No. 3/2026) clarifying the application of Section 10L economic substance requirements to investment holding entities. The ruling addresses a common practical issue: the eligibility of...
by admin | Jan 2, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued an advance ruling (Summary No. 2/2026) addressing the application of Section 10L economic substance requirements for an entity that is not a Pure Equity-Holding Entity (PEHE). This provides critical guidance...
