IRAS updates information on Tax Filing for YA 2020

It was noted that the income tax filing for the Year of Assessment (YA) 2020 begins on 1 March 2020. The Inland Revenue Authority of Singapore (IRAS) has illustrated an “All You Need To Know” guideline clarifying various questions on tax returns. The IRAS details the...

Budget expected to focus on virus relief measures

The emergence of Wuhan corona-virus has put a spin to the Budget 2020 with more focus now on how resources may be used instead for business support measures. Trade and Industry Minister Chan Chun Sing alluded to such a support package, citing examples of measures...

IRAS updates the Contents of MLI at its website

On or about 31 January 2020, the Inland Revenue Authority of Singapore (IRAS) has updated its website contents on Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Singapore has participated in the...

Advisory on Scam & Fraudulent Activities (Dec)

On or about 20 January 2020, the Inland Revenue Authority of Singapore (IRAS) has updated its content on advisory scams as the Corporate Tax filing due date is nearing. Taxpayers are advised to ignore an image of a scam email titled ‘Inland Revenue Authority of...