by admin | Jul 10, 2018 | Stamp Duties, Tech News
The following notification/ rules were published in the Government Gazette, electronic edition, on 5 July 2018 and came into operation on 6 July 2018: Stamp Duties Act (Amendment of First Schedule) (No. 2) Notification 2018 (S 452/2018) It amends the First Schedule to...
by admin | Jul 10, 2018 | Accounting, Tech News
The Challenge When a company put its surplus cash reserves for investment in shares and bonds for returns, what will be the impact to the company’s financial performance when the market fell sharply soon after its investment? Can the company hold on its position not...
by admin | Jul 7, 2018 | Stamp Duties, Tech News
On 5 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the third edition of e-Tax Guide on Additional Conveyance Duties on Property-Holding Entities. This e-Tax Guide replaces the second edition which was published on 19 February 2018 to reflect...
by admin | Jul 1, 2018 | Income Tax, Tech News
On 27 June 2018, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide – “Intellectual Property Rights Valuation Report for Purposes of Section 19B of the Income Tax Act” to provide guidance on when an independent valuation...
by admin | Jul 1, 2018 | Accounting, Tech News
The International Financial Reporting Standard (IFRS) has issued a new educational webcast on IFRS 9 Financial Instruments. In this webcast, Senior Technical Adviser Liz Figgie will discuss on how to apply IFRS 9 Financial Instruments to financial assets with...
by admin | Jun 28, 2018 | Goods and Services Tax, Tech News
On 22 June 2018, the Goods and Services Tax Act (Amendment of First Schedule) Order 2018 (S 415/2018) was published in the Government Gazette (electronic edition) and came into operation on 25 June 2018. Paragraphs 1(1), 1(2), 1(3), 4(1), 7 and 8(1)(a)(ii)(B) of the...