by admin | Nov 5, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued an advance ruling addressing the income tax treatment of amounts paid by an issuer in connection with an early tender offer for its outstanding Notes, which qualify as debt securities for Singapore tax...
by admin | Nov 5, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling (Income Tax) Summary No. 21/2025, addressing the tax classification of subordinated perpetual securities issued by a Singapore-incorporated company. The ruling examines whether such instruments...
by admin | Nov 4, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) released updates on 31 October 2025 to its e-Tax Guide “Common Reporting Standard (CRS)”, together with amendments to relevant FAQs. The revisions refine the interpretation of CRS rules and align Singapore’s...
by admin | Nov 4, 2025 | Accounting, Goods and Services Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated the e-Tax Guide “GST: Guide on Attribution of Input Tax” as of 31 October 2025, introducing refinements intended to enhance clarity around the GST treatment of general overheads, office rental, and utilities...
by admin | Nov 4, 2025 | Accounting, Employment, Goods and Services Tax, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its administrative guidance on the GST treatment of fringe benefits, specifically in relation to used uniforms, protective clothing, work-related supplies, and input tax claims on overseas vendor (OVR)...
by admin | Oct 31, 2025 | Accounting, Company Law, Income Tax, Tech News
On 30 October 2025, the Inland Revenue Authority of Singapore (IRAS) released long-awaited guidance clarifying the classification of foreign entities—including foreign partnerships and foreign limited liability companies (LLCs)—for Singapore income tax purposes. The...
