by admin | Dec 2, 2019 | Income Tax, Tech News
On or about 2 December 2019, the Income Tax Act — Income Tax (Deduction for Expenditure of Qualifying Individual under Section 14ZD) Rules 2019 was updated on the Government Gazette. The rules are the Income Tax (Deduction for Expenditure of Qualifying Individual...
by admin | Dec 1, 2019 | Income Tax, Tech News
Singapore has participated in the negotiation of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). The MLI is intended to allow jurisdictions...
by admin | Nov 28, 2019 | Income Tax, Tech News
On or about 28 November 2019, 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 urged to lodge a complaint to the police on receiving mails with the subject heading...
by admin | Nov 27, 2019 | Income Tax, Tech News
On or about 27 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated information on Filing and Paying Withholding Tax. Under the current tax law, a person who makes payment(s) of a specified nature to a non-resident company or individual is...
by admin | Nov 26, 2019 | Income Tax, Tech News
In October 2019, Mauritius has ratified the multilateral instrument (MLI) pursuant to the base erosion and profit shifting (BEPS) project. The MLI is the agreement that allows jurisdictions to amend their tax treaties to include tax treaty-related BEPS...
by admin | Nov 19, 2019 | Income Tax, Tech News
On or about 19 November 2019, the Inland Revenue Authority of Singapore (IRAS) has also updated their bank account details for payments made from 18 November 2019 onward. The Application Form for Income Tax Advance Ruling has been revised, the form is to be used for...