by admin | May 23, 2019 | Income Tax, Tech News
On or about 23 May 2019, the Inland Revenue Authority of Singapore (IRAS) has make available the following forms for companies and tax agents: Form C-SForm CProductivity and Innovation Credit (PIC) — Application for Approval of Equipment (From YA 2013). The IRAS has...
by admin | May 15, 2019 | Income Tax, Tech News
On or about 13 May 2019, Singapore signed an updated Agreement for the Avoidance of Double Taxation (DTA) with the Republic of Korea The updated DTA enhances the cross-border trade and investment between both countries. Among other changes, it also lowers the...
by admin | May 5, 2019 | Income Tax, Tech News
On or about 2 May 2019, the Inland Revenue Authority of Singapore (IRAS) has made available the Basic Corporate Tax Calculators (BTC) for the companies/tax agents filing the following forms: Companies filing Form CCompanies filing Form C-S The BTC is designed for...
by admin | May 3, 2019 | Income Tax, Tech News
In line with Singapore’s commitment to implement the minimum standard on preventing treaty abuse, On or about 21 December 2018, Singapore has deposited the Multilateral Instrument (MLI) signed on 7 June 2017. The MLI took effect from 1 April 2019. The MLI...
by admin | Apr 23, 2019 | Income Tax, Tech News
On or about 22 April 2019, the Inland Revenue Authority of Singapore (IRAS) has commenced Common Reporting Standard (CRS) Return submission. All Reporting Singaporean Financial Institutions (SGFIs) must submit their Common Reporting Standard (CRS) returns, including...
by admin | Apr 18, 2019 | Income Tax, Tech News
On or about 15 April 2019, the Inland Revenue Authority of Singapore (IRAS) has updated its website that the Foreign Account Tax Compliance Act (FATCA) Paper Nil Return for Reporting Year 2018 can now be downloaded from the IRAS’s website. FATCA is a US law...