by admin | Jul 26, 2021 | Income Tax, Tech News
On or about 23 Jul 2021, the updated Indonesia-Singapore double taxation agreement (DTA) entered into force, strengthening efforts to prevent tax evasion, increase the tax base, and increase investments between the two countries. There were 3 significant changes to...
by admin | Apr 12, 2021 | Income Tax, Tech News
On or about 9 Apr 2021, the Inland Revenue Authority of Singapore (IRAS) has published the seventh edition of the e-Tax Guide, Income Tax: Tax Exemption under Sec 13(12) for Specified Scenarios, Real Estate Investment Trusts and Qualifying Offshore Infrastructure...
by admin | Apr 6, 2021 | Income Tax, Tech News
On or about 1 Apr 2021, the Inland Revenue Authority of Singapore (IRAS) has published an Income Tax Advance Ruling Summary No. 3/2021 with regards to “Source of franchise income”. The subject was whether the franchise income derived by a company is...
by admin | Apr 2, 2021 | Income Tax, Tech News
On or about 31 Mar 2021, the Inland Revenue Authority of Singapore (IRAS) has published the fourth edition of the IRAS e-Tax Guide on Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses. It replaces the third edition published on 17 Aug 2020. This...
by admin | Mar 22, 2021 | Income Tax, Tech News
On or about 19 Mar 2021, the Inland Revenue Authority of Singapore (IRAS) has published an IRAS e-Tax Guide on Transfer Pricing Guidelines Special Topic – Centralised Activities in Multinational Enterprise Groups. This e-Tax Guide: Discusses the economic value...
by admin | Mar 22, 2021 | Goods and Services Tax, Income Tax, Tech News
On or about 19 Mar 2021, the Inland Revenue Authority of Singapore (IRAS) has published a revised edition of the IRAS e-Tax Guide on Tax Treatment On Donations With Benefits (Donations made on or after 19 Mar 2021). It replaces the first edition published on 1 May...