by admin | Aug 30, 2018 | Income Tax, Tech News
On 28 August 2018, a comprehensive Agreement for the Avoidance of Double Taxation (DTA) was signed between the Singapore and Gabonese Republic. The DTA stipulates the taxing rights of both jurisdictions on all forms of income flows arising from cross-border business...
by admin | Aug 21, 2018 | Goods and Services Tax, Income Tax, Property Tax, Stamp Duties, Tech News
On 20 August 2018, the Inland Revenue Authority of Singapore (IRAS) has reminded Singapore businesses that from 1 September 2018, CorpPass, a corporate digital identity for Singapore businesses, will be the only login method for any online corporate transactions with...
by admin | Aug 8, 2018 | Income Tax, Tech News
On 7 August 2018, the Inland Revenue Authority of Singapore (IRAS) has revised the Third Edition of the e-Tax Guide on Country-by-Country (CbC) Reporting. It replaces the first edition that was published on 10 October 2016. IRAS has amended question 11 of the FAQs...
by admin | Aug 7, 2018 | Income Tax, Tech News
On 3 August 2018, the second Protocol amending the Agreement for the Avoidance of Double Taxation (the Protocol) between Singapore and the Republic of Latvia, entered into force on 3 August 2018. The Protocol was previously signed on 20 April 2017. The Protocol...
by admin | Jul 31, 2018 | Income Tax, Tech News
Country-by-Country Reporting (CbCR) is a form of reporting by multinational enterprises (MNEs) initiated by the Organisation for Economic Co-operation and Development (OECD) in the Base Erosion and Profit Shifting (BEPS) Action 13 Report. Some jurisdictions would be...
by admin | Jul 25, 2018 | Income Tax, Tech News
When the following specified nature of payments paid to non-resident companies by a person attracts withholding tax. The rate of withholding tax will depends on nature of these payments: Interest, commission, fee in connection with any loan or indebtedness; Royalty...
