FY 2022 Finance Sector

On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Enhance the Tax Incentive Scheme for Funds Managed by Singapore-based Fund Manager (“Qualifying Funds”) To continue growing Singapore’s...

FY 2022 Transport Sector

On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Extend the broad-based withholding tax (“WHT”) exemption for container lease payments made to non-tax-resident lessors under operating...

FY 2022 Businesses

On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Study the introduction of the Minimum Effective Tax Rate (“METR”) Regime In response to the global minimum effective tax rate under the...
FY 2022 Property Tax

FY 2022 Property Tax

On or about 18 Feb 2022, the Minister for Finance, Mr. Lawrence Wong, delivered his Budget Statement for the Financial Year 2022. Enhance the progressivity of property tax for owner-occupied residential properties The progressive property tax rates for owner-occupied...

Tax Governance and Tax Risk Management

On or about 17 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updates its website content to tax governance and tax risk management. Tax governance and tax risk management are essential to a good corporate governance. Tax governance encompasses a...