by admin | Nov 20, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has released the 8th edition of the Transfer Pricing Guidelines (TPG), introducing a pilot implementation of the Simplified and Streamlined Approach (SSA) for baseline marketing and distribution activities. The pilot...
by admin | Nov 15, 2025 | Accounting, Income Tax, Tech News
The protocol signed on 17 April 2023 between the Governments of Singapore and Brazil—intended to amend the existing DTA and the accompanying May 2018 Protocol—has officially entered into force on 12 November 2025. The amendment specifically rectifies minor translation...
by admin | Nov 8, 2025 | Accounting, Goods and Services Tax, Income Tax, Tech News
The Finance (Income Taxes) Bill 2025 (Bill No. 16/2025) was passed at its second reading in the Singapore Parliament on 6 November 2025. The Bill introduces targeted amendments to three key tax legislations: Income Tax Act 1947 (ITA) Multinational Enterprise (Minimum...
by admin | Nov 5, 2025 | Accounting, Company Law, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling (Income Tax) Summary No. 23/2025, addressing whether a company’s utilisation of unremitted foreign-sourced income (FSI) to fund a share capital reduction falls within the scope of section...
by admin | Nov 5, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued an advance ruling addressing the income tax treatment of amounts paid by an issuer in connection with an early tender offer for its outstanding Notes, which qualify as debt securities for Singapore tax...
by admin | Nov 5, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling (Income Tax) Summary No. 21/2025, addressing the tax classification of subordinated perpetual securities issued by a Singapore-incorporated company. The ruling examines whether such instruments...
