by admin | Apr 7, 2019 | Income Tax, Tech News
The following are updates to withholding tax: Interest and similar payments subject to withholding tax under s 45A The new s 12(6AA) provides that the reference to “interest” in s 12(6), in the case of an arrangement that is a finance lease of any machinery or plant...
by admin | Apr 6, 2019 | Income Tax, Tech News
On or about 4 April 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of e-Tax Guide: Corporate Income Tax – Objection and Appeal Process. It replaces the first edition which was published on 28 February 2013. This e-Tax Guide...
by admin | Apr 3, 2019 | Income Tax, Tech News
On or about 1 April 2019, amendments were made by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”) to Singapore’s DTAs. Some of DTAs...
by admin | Apr 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 | Apr 1, 2019 | Income Tax, Tech News
On or about 29 March 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of e-Tax Guide: Group Relief System. It replaces the first edition which was published on 6 September 2011. The e-Tax Guide has been updated to incorporate the...
by admin | Mar 16, 2019 | Income Tax, Tech News
On or about 14 March 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of e-Tax Guide: Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses. It replaces the first edition which was published on 29 June...
