by admin | Jul 25, 2018 | Income Tax, Tech News
When the following specified nature of payments paid to non-resident companies by a person attracts withholding tax. The rate of withholding tax will depends on nature of these payments: Interest, commission, fee in connection with any loan or indebtedness; Royalty...
by admin | Jul 22, 2018 | Income Tax, Tech News
On 9 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Second Edition the e-Tax Guide to Income Tax Treatment of Real Estate Investment Trust Exchange-Traded Funds to replace the first edition that was published on 12 April 2018. This e-Tax...
by admin | Jul 21, 2018 | Goods and Services Tax, Tech News
GST-registered businesses may claim GST incurred before registering for GST and also before incorporation provided certain conditions are met. On 18 July 2018, the Inland Revenue of Singapore (IRAS) have updated the Third Edition of the e-Tax Guide, GST:...
by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
GST-registered businesses may provide GST refunds to tourists as an independent retailer or by engaging the services of a Central Refund Agency. In either case, they need to do so under the electronic Tourist Refund Scheme (eTRS). On 17 July 2018, the Inland Revenue...
by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
Tourists buying goods from retailers who participate in the electronic Tourist Refund Scheme (eTRS) may claim a refund of the GST paid on purchases made in Singapore. On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Seventh Edition of...
by admin | Jul 19, 2018 | Goods and Services Tax, Tech News
On 17 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Eighth Edition of the e-Tax Guide – GST Guide for Retailers participating in the Tourist Refund Scheme and replaced the seventh edition published on 8 November 2017. The e-Tax...
