by admin | Jun 7, 2018 | Income Tax, Tech News
On 3 November 2016, the Inland Revenue Authority of Singapore (IRAS) has introduced the requirement for certain corporate taxpayers to file a Form for Reporting Related Party Transactions (RPT). The RPT data will help the IRAS in: assessing companies’ transfer pricing...
by admin | Jun 3, 2018 | Goods and Services Tax, Tech News
On 31 May 2018, the Inland Revenue of Singapore (IRAS) has published a ‘Summary of Responses – Public Consultation on Draft e-Tax Guides on GST: Taxing imported services by way of reverse charge and GST: Taxing imported services by way of an overseas vendor...
by admin | Jun 3, 2018 | Auditing, Tech News
The Institute of Singapore Chartered Accountants (ISCA) has issued the new and revised auditor reporting standards in July 2015 that are effective for audits of financial statements for periods ended on or after 15 December 2016. In view of feedback received on...
by admin | May 31, 2018 | Goods and Services Tax, Tech News
On 22 May 2018, the Goods and Services Tax Act (Amendment of Fourth Schedule) Order 2018 (S 312/2018) was published in the Government Gazette (electronic edition) and came in operation from 23 May 2018. It amends paragraphs 1(d) to (f) of Pt. II of the Fourth Schedule...
by admin | May 31, 2018 | Accounting, Tech News
The International Auditing and Assurance Standard Board (IAASB) has issued a webcast, by Mary Tokar, a member of the Board and staff member Jawaid Dossani, to provide an overview of the Exposure Draft Accounting Policy Changes (Proposed amendments to IAS 8) and its...
by admin | Apr 27, 2018 | Accounting, Tech News
Sue Lloyd, the Vice-Chair of the International Accounting Standards Board (IASB), discusses IFRS 9 and explains the IASB’s thinking behind the requirements for equity instruments in the Standard. The full article can be viewed from the International Financial...
