by admin | Aug 17, 2018 | Accounting, Auditing, Ethics, Tech News
On 14 August 2018, the Institute of Singapore Chartered Accountants (ISCA) has made amendments to Ethics Pronouncement (EP 100) August 2018, Code of Professional Conduct and Ethics, provisions on long association of senior personnel with an audit or assurance client...
by admin | Aug 11, 2018 | Goods and Services Tax, Tech News
On 11 August 2018, the Inland Revenue Authority of Singapore (IRAS) has published a new e-Tax Guide that was re-wrote on 16 July 2018, on GST: Approved Contract Manufacturer and Trader (ACMT) Scheme. It replaces the e-Tax Guide on GST Approved Contract Manufacturer...
by admin | Aug 8, 2018 | Income Tax, Tech News
On 7 August 2018, the Inland Revenue Authority of Singapore (IRAS) has revised the Third Edition of the e-Tax Guide on Country-by-Country (CbC) Reporting. It replaces the first edition that was published on 10 October 2016. IRAS has amended question 11 of the FAQs...
by admin | Aug 8, 2018 | Stamp Duties, Tech News
On 6 August 2018, the Ministry of Finance (MOF) has tabled the Stamp Duties (Amendment) Bill 2018 with key amendments providing for stamp duty to be levied on electronic records that enable a transfer of interest in properties and shares. Currently, stamp duty is...
by admin | Aug 7, 2018 | Income Tax, Tech News
On 3 August 2018, the second Protocol amending the Agreement for the Avoidance of Double Taxation (the Protocol) between Singapore and the Republic of Latvia, entered into force on 3 August 2018. The Protocol was previously signed on 20 April 2017. The Protocol...
by admin | Aug 3, 2018 | Accounting, Tech News
On 31 July 2018, the International Financial Reporting Standards (IFRS) has released both webcast and slides on FICE Discussion Paper to: Classification of compound instruments and redemption obligation arrangements; and Classification of derivatives on own equity A...