by admin | Jan 1, 2020 | Income Tax, Tech News
The Singapore’s Deputy Prime Minister and Finance Minister Heng Swee Keat is to deliver Singapore’s 2020 Budget Statement in the Parliament on 18 February 2020. The budget speech will be live on television and radio, including via live webcast on the Singapore...
by admin | Jan 1, 2020 | 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 | Dec 31, 2019 | Income Tax, Tech News
On or about 31 December 2019, in line with Singapore’s commitment to implement the minimum standard on preventing treaty abuse, Singapore has participated in the negotiation of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base...
by admin | Dec 30, 2019 | Income Tax, Tech News
On or about 30 December 2019, the Inland Revenue Authority of Singapore (IRAS) has advised taxpayers against a scam that is being circulated on WhatsApp. The message shows an e-mail titled “Inland Revenue Authority of Singapore-Refund-Online-Confirmation”. The e-mail...
by admin | Dec 17, 2019 | Income Tax, Tech News
On or about 17 December 2019, the updated Avoidance of Double Taxation Agreement (DTA) between Singapore and the Republic of Korea, signed on 13 May 2019, will came into effect on 31 December 2019. The updated DTA is expected to: enhance the cross-border trade and...
by admin | Dec 17, 2019 | Income Tax, Tech News
On or about 17 December 2019, Singapore and the Republic of Tunisia has signed the Avoidance of Double Taxation Agreement (DTA). The DTA between Singapore and Tunisia is expected to: clarify the taxing rights of both countries on all forms of income flows arising from...