by admin | Jul 8, 2019 | Income Tax, Tech News
On or about 8 July 2019, Singapore has signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA) with Armenia. The DTA enhances the cross-border trade and investment between both countries. It lowers the withholding tax rates on income flows arising...
by admin | Jul 5, 2019 | Goods and Services Tax, Tech News
On or about 5 July 2019, the Ministry of Finance (MOF) has proposed five amendments to the Goods and Services Tax Act which plans to exempt the sale and transfer of digital payment tokens from the tax. The MOF is requesting public feedback on the amendments from 5...
by admin | Jul 5, 2019 | Goods and Services Tax, Tech News
On or about 5 July 2019, the Inland Revenue Authority of Singapore (IRAS) is inviting public feedback on the draft IRAS GST: Digital Payment Tokens e-Tax Guide. This draft guide explains the GST treatment for transactions involving virtual currencies/cryptocurrencies...
by admin | Jul 1, 2019 | Goods and Services Tax, Tech News
On or about 1 July 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content of GST F28 – Post Assisted Compliance Assurance Programme (ACAP) Review Declaration. Source: IRAS website, 1 July 2019
by admin | Jul 1, 2019 | Goods and Services Tax, Tech News
On or about 1 July 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the content of GST F28A – Certified Post Assisted Compliance Assurance Programme (ACAP) Review Declaration. Source: IRAS website, 1 July 2019
by admin | Jul 1, 2019 | Income Tax, Tech News
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...