by admin | Oct 2, 2019 | Accounting, Tech News
On or about 2 October 2019, the Accounting Standards Council (ASC)_ has submitted its comment on ED/2019/5 Amendments to IFRS 17 to the IASB. The ASC are generally supportive of the proposed amendments, subject to their comments as stated in the comment letter. The...
by admin | Oct 1, 2019 | Goods and Services Tax, Tech News
On or about 30 Sep 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of the GST e-Tax Guide on Exhibition, Convention and Ancillary Services. It replaces the first edition published on 03 Dec 2018. This e-Tax Guide explains the...
by admin | Oct 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...
by admin | Sep 29, 2019 | Goods and Services Tax, Tech News
On or about 29 October 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of the e-Tax Guide GST: Renewal of Assisted Compliance Assurance Programme (ACAP) Status. It replaces the first edition published on 1 July 2016. In second...
by admin | Sep 26, 2019 | Accounting, Tech News
On or about 26 September 2019, the International Accounting Standards Board (IASB) has amended some of its requirements for hedge accounting. The amendments are designed to support the provision of useful financial information by companies during the period of...
by admin | Sep 24, 2019 | Goods and Services Tax, Tech News
On or about 24 September 2019, the Inland Revenue Authority of Singapore (IRAS) has published the ninth edition of the e-Tax Guide on GST: Assisted Self-Help Kit (ASK)Annual Review Guide. The revised e-Tax Guide incorporates the following amendments: inserted a...