by admin | Sep 12, 2018 | Stamp Duties, Tech News
On 10 September 2018, the Stamp Duties (Amendment) Bill 2018 was read for the second time by the Second Minister for Finance, Mr. Lawrence Wong at the Parliament. The amendments proposed are as follows: To provide for stamp duty to be levied on electronic records that...
by admin | Aug 21, 2018 | Goods and Services Tax, Income Tax, Property Tax, Stamp Duties, Tech News
On 20 August 2018, the Inland Revenue Authority of Singapore (IRAS) has reminded Singapore businesses that from 1 September 2018, CorpPass, a corporate digital identity for Singapore businesses, will be the only login method for any online corporate transactions with...
by admin | Aug 8, 2018 | Stamp Duties, Tech News
On 6 August 2018, the Ministry of Finance (MOF) has tabled the Stamp Duties (Amendment) Bill 2018 with key amendments providing for stamp duty to be levied on electronic records that enable a transfer of interest in properties and shares. Currently, stamp duty is...
by admin | Jul 10, 2018 | Stamp Duties, Tech News
The following notification/ rules were published in the Government Gazette, electronic edition, on 5 July 2018 and came into operation on 6 July 2018: Stamp Duties Act (Amendment of First Schedule) (No. 2) Notification 2018 (S 452/2018) It amends the First Schedule to...
by admin | Jul 7, 2018 | Stamp Duties, Tech News
On 5 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the third edition of e-Tax Guide on Additional Conveyance Duties on Property-Holding Entities. This e-Tax Guide replaces the second edition which was published on 19 February 2018 to reflect...