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...
by admin | Nov 13, 2019 | Accounting, Income Tax, Tech News
On or about 13 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content on adopting financial reporting standard (FRS) 39 and 109 and its tax implications. Effective 1 January 2005, companies are required to comply with FRS 39 –...
by admin | Nov 10, 2019 | Goods and Services Tax, Income Tax, Tech News
On or about 10 November 2019, the Deputy Prime Minister Heng Swee Keat during a speech at a People’s Action Party (PAP) convention stated that he would announced at the Budget 2020 on support package to cushion the impact of the impending Goods and Services Tax (GST)...
by admin | Nov 8, 2019 | Income Tax, Tech News
On or about 7 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 who received email with subject heading ‘Tax Invoice from Inland Revenue Authority...
by admin | Nov 6, 2019 | Income Tax, Tech News
On or about 6 November 2019, the Inland Revenue Board of Singapore (IRAS) has released the second edition of the e-Tax Guide Income Tax: Income Tax Treatment Arising from Adoption of FRS 109 – Financial Instruments. It replaces the first edition published on 22...
