by admin | Sep 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 | Aug 28, 2019 | Income Tax, Tech News
On or about 28 August 2019, Singapore and Turkmenistan have signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA). The DTA seeks to improve cross-border trade and investment, lower withholding tax rates and clarifies jurisdictional rights between...
by admin | Aug 16, 2019 | Income Tax, Tech News
On or about 16 August 2019, Singapore signed a Protocol amending the Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (“DTA”) with the Government of Ukraine. The Protocol amends the Exchange of...
by admin | Aug 15, 2019 | Income Tax, Tech News
On or about 15 August 2019, the Fees (Income Tax) (Amendment) Order 2019 was published in the Government Gazette (electronic edition). The changes came into operation on 15 August 2019. The fee payable to Comptroller of Income Tax for the search of any document not...
by admin | Aug 15, 2019 | Income Tax, Tech News
On or about 15 August 2019, the Ministry of Finance (MOF) has released the summary of responses to the public consultation on the draft Income Tax (Amendment) Bill 2019. The key feedback received pertained to the following tax changes: to increase the prescribed...
by admin | Aug 8, 2019 | Accounting, Goods and Services Tax, Income Tax, Tech News
On or about 8 August 2019, the Inland Revenue Authority of Singapore (IRAS) has updated its content on advisory scams. Scam Email – ‘Inland Revenue Authority of Singapore-Refund-Online-Confirmation’ Members of the public are advised to ignore an...
