by admin | Jan 4, 2022 | Income Tax, Tech News
On or about 3 Jan 2022, the Agreement between Singapore and Jordan for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance (“DTA”) was signed on 14 Jul 2021, entered into force on 30 December 2021. The DTA...
by admin | Dec 18, 2021 | Income Tax, Tech News
On or about 16 Dec 2021, the Inland Revenue Authority of Singapore (IRAS) has published the third edition of the GST e-Tax Guide on Taxing imported services by way of an overseas vendor registration regime. It replaces the second edition that was issued on 26 Aug...
by admin | Dec 8, 2021 | Income Tax, Tech News
On or about 6 Dec 2021, the Inland Revenue Authority of Singapore (IRAS) has updates its website contents to information on common reporting standard (CRS) registration and deregistration. An entity that becomes a Reporting Singaporean Financial Institution (SGFI)...
by admin | Aug 12, 2021 | Accounting, Income Tax, Tech News
On or about 10 Aug 2021, the Ministry of Finance (MOF) has released the Inland Revenue Authority of Singapore (Assignment of Functions) (No. 2) Notification 2021 that comes into operation on 6 August 2021. From 6 August 2021, the Inland Revenue Authority of Singapore...
by admin | Aug 6, 2021 | Income Tax, Tech News
Certain payments may be subject to a reduced rate of withholding tax, or exempted from withholding tax, pursuant to relief provisions of the Income Tax Act or the Economic Expansion Incentives (Relief from Income Tax) Act (EEIA), or government policy. On or about 5...
by admin | Aug 6, 2021 | Accounting, Income Tax, Tech News
On or about 28 May 2021, the Minister for Finance (MOF) announced the RSS to support businesses with rental costs, as part of a package of support measures to help businesses tide over restrictions under Phase 2 (Heightened Alert) from 16 May to 13 June 2021. Small...
