Budget 2020 to be delivered on 18 February 2020

The Singapore’s Deputy Prime Minister and Finance Minister Heng Swee Keat is to deliver Singapore’s 2020 Budget Statement in the Parliament on 18 February 2020. The budget speech will be live on television and radio, including via live webcast on the Singapore...

Amendments to Denmark DTA

Singapore has participated in the negotiation of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). The MLI is intended to allow jurisdictions...

IRAS warns Public on Tax Refund Scam

On or about 30 December 2019, the Inland Revenue Authority of Singapore (IRAS) has advised taxpayers against a scam that is being circulated on WhatsApp. The message shows an e-mail titled “Inland Revenue Authority of Singapore-Refund-Online-Confirmation”. The e-mail...