by admin | Apr 23, 2026 | Accounting, Income Tax, Tech News
During its April 2026 session held in Beijing, the International Sustainability Standards Board (ISSB) approved moving forward with a public consultation on draft guidance addressing disclosures related to nature. This guidance is expected to be issued as an IFRS...
by admin | Apr 22, 2026 | Accounting, Income Tax, Tech News
In response to the IASB’s Exposure Draft on proposed changes to the fair value option under IAS 28, the Accounting Standards Committee (ASC) of Singapore has expressed general support for the amendments. The ASC agrees that the revisions will reduce diversity in...
by admin | Apr 21, 2026 | Accounting, Auditing, Income Tax, News, Tech News
Singapore SME directors should review their governance, financial reporting and compliance processes ahead of ACRA-related Companies Act changes taking effect on 6 May 2026. The key developments include higher director penalties, expanded disqualification rules for...
by admin | Apr 21, 2026 | Accounting, Income Tax, Tech News
The Double Taxation Agreement (DTA) between Singapore and Kenya took effect on 20 April 2026, capping withholding tax rates on dividends, interest, royalties, and technical fees — with a 0% rate for government-related payments. Implications Lower cross-border tax...
by admin | Apr 20, 2026 | Accounting, Company Law, Income Tax, Tech News
Singapore continues to strengthen its position as a leading hub for private wealth management. Recent developments in tax incentives, regulatory frameworks, and investment vehicles have created both opportunities and complexities for families and their advisors. This...
by admin | Apr 16, 2026 | Accounting, Income Tax, Tech News
On 15 April 2026, Singapore became a signatory to the Multilateral Competent Authority Agreement (MCAA) for the exchange of Global Anti-Base Erosion (GloBE) information. This enables multinational enterprise (MNE) groups to participate in a central filing mechanism...