by admin | Sep 25, 2024 | Accounting, Income Tax, Tech News
Singapore and Kenya have formally established a new bilateral tax framework with the signing of an Agreement for the Avoidance of Double Taxation and the Prevention of Tax Evasion with respect to Taxes on Income (DTA). The agreement was signed on September 23, 2024....
by admin | Sep 25, 2024 | Accounting, Income Tax, Tech News
Singapore Exchange Regulation (SGX RegCo) has confirmed the integration of the IFRS Sustainability Disclosure Standards (ISSB Standards) into its mandatory climate reporting framework for listed issuers. The decision follows a public consultation revealing strong...
by admin | Sep 24, 2024 | Accounting, Income Tax, Tech News
The Governments of Singapore and Rwanda have signed a significant protocol updating their existing bilateral tax agreement, aiming to enhance international tax cooperation and combat treaty abuse. Signed on 20 September 2024, the protocol amends the Agreement between...
by admin | Sep 19, 2024 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has published significant clarifications on the critical factors used to determine where the control and management of a business is exercised, a key determinant for corporate tax residency status under Section 13(1)(a)...
by admin | Sep 14, 2024 | Accounting, Income Tax, Tech News
The International Accounting Standards Board (IASB) will publish an Exposure Draft (ED) on the equity method of accounting under IAS 28 Investments in Associates and Joint Ventures, headlining a series of critical updates to the IFRS Foundation’s digital resources...
by admin | Sep 10, 2024 | Accounting, Income Tax, Tech News
Significant proposed amendments to Singapore’s core income tax legislation were introduced in Parliament on 9 September 2024. The Income Tax (Amendment) Bill 2024 (Bill No. 32/2024) received its first reading, setting the stage for changes stemming primarily...
