Changes in GST Return Design

On or about 6 June 2019, the Inland Revenue Authority of Singapore (IRAS) has made changes in GST return design by requiring taxpayers to first provide the details of the contact person and declarant and then proceed to enter their figures in the GST return. There are...

Tax Agreement with the Hellenic Republic (Greece)

On or about 30 May 2019, Singapore signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA) with the Hellenic Republic (“Greece”) for the elimination of double taxation and the prevention of fiscal evasion with respect to taxes on income and on...

IASB May 2019 podcast

On or about 28 May 2019, the International Accounting Standards Board (IASB) provide a summary of discussions held at the May Board meeting as well as of other developments. The main topics discussed were: Amendments to the IFRS Foundation’s Due Process...

Corporate Tax Forms

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...