by admin | May 5, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling Summary No. 7/2026, addressing whether a surviving entity in an amalgamation under Section 215F of the Companies Act 1967 may deduct unabsorbed capital allowances and losses transferred from...
by admin | Apr 23, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued the 8th Edition of its Transfer Pricing Guidelines (TPG), effective 19 November 2025. The updates introduce significant compliance relief for related party domestic loans, a new optional Simplified and...
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Beijing, the International Sustainability Standards Board (ISSB) approved moving forward with a public consultation on draft guidance addressing disclosures related to nature.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...
