by admin | Dec 13, 2019 | Income Tax, Tech News
On or about 13 December 2019, the Inland Revenue Authority of Singapore (IRAS) has updated on its website regarding Business and IPC Partnership Scheme (BIPS), a scheme to encourage corporate volunteerism, under which businesses may claim 250% tax deduction on...
by admin | Dec 12, 2019 | Income Tax, Tech News
On or about 12 December 2019, the Inland Revenue Board of Singapore (IRAS) has released the third edition of the e-Tax Guide on Pioneer Incentive: Tax Treatment of Gains and Losses from a Separate Trade. It replaces the second edition published on 29 August 2017. The...
by admin | Dec 11, 2019 | Employment, Income Tax, Tech News
Employers who are eligible for the Scheme can look forward to the seventh tranche of Wage Credit Scheme (WCS) payouts in March 2020 — a scheme which seeks to support businesses embarking on transformation efforts and encourage sharing of productivity gains with...
by admin | Dec 10, 2019 | Income Tax, Tech News
On or about 9 December 2019, Singapore and Germany signed a Protocol amending the 28 June 2004 Agreement for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital (“Protocol”). The Protocol seeks to enhance the cross-border trade and...
by admin | Dec 4, 2019 | Income Tax, Tech News
On or about 4 December 2019, the Inland Revenue Authority of Singapore (IRAS) updated the following forms on its website: Claim for Relief from Singapore Income Tax Under Avoidance of Double Taxation Agreement 1d: Tax Treaty Calculator for Non-Resident Professionals...
by admin | Dec 2, 2019 | Income Tax, Tech News
Ahead of the Budget 2020 scheduled for February next year, the government has invited the public to offer their views and suggestions. Booths and kiosks in more than 20 locations have been set up to for this purpose. The Ministry of Finance (MOF), government feedback...
