by admin | Oct 30, 2017 | Income Tax, Tech News
The Income Tax (Amendment) Bill 2017 (the Bill) was first introduced in Parliament on 11 September 2017. It was read for the second time and passed in Parliament on 2 October 2017, and Gazetted (electronic edition) on 26 October 2017. The Income Tax (Amendment) Act...
by admin | Oct 28, 2017 | Goods and Services Tax, Tech News
The third edition of the IRAS e-Tax Guide on GST: Clarification on “Directly in Connection With” and “Directly Benefit” (Third edition) was published on 26 October 2017. It provides guidance on the interpretation and application of the two...
by admin | Oct 27, 2017 | Accounting, Tech News
The Accounting Standards Council (ASC) has submitted comment letters to the International Accounting Standards Board (IASB) on Request for Information: Post-implementation Review: IFRS 13 Fair Value Measurement. The Post-implementation review is to evaluate the...
by admin | Oct 27, 2017 | Accounting, Tech News
The Accounting Standards Council (ASC) has submitted a comment letter dated 19 October 2017 to the International Accounting Standards Board (IASB) on ED/2017/4 Property, Plant and Equipment — Proceeds before Intended Use (Proposed amendments to IAS 16). The ASC has...
by admin | Oct 19, 2017 | Income Tax, Tech News
The Forum on Harmful Tax Practices (FHTP) has on 16 October 2017 released a progress report on its assessment that Singapore’s tax incentives satisfy the international standards on countering harmful tax practices under the OECD/G20 BEPS project. In June 2016,...
by admin | Oct 18, 2017 | Income Tax, Tech News
IRAS has published an e-Tax Guide — Avoidance of Double Taxation Agreements (DTAs) on 11 October 2017, a guidance on the interpretation and application of Singapore’s DTAs. As Singapore is not a member of OECD, although the OECD Model Tax Convention and the UN Model...
