IRAS updates e-Tax Guide Income Tax: Income Tax Treatment of Real Estate Investment Trust Exchange-Traded Funds
On or about 19 June 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the e-Tax Guide on Income Tax: Income Tax Treatment of Real Estate Investment Trust Exchange-Traded Funds (Third Edition). It replaces the second edition published on 9 July 2018....
IRAS updates e-Tax Guide Income Tax: Income Tax Treatment of Real Estate Investment Trusts and Approved Sub-Trusts
On or about 19 June 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the e-Tax Guide on Income Tax: Income Tax Treatment of Real Estate Investment Trusts and Approved Sub-Trusts (Third Edition). It replaces the second edition published on 12 April...
IRAS updates e-Tax Guide Income Tax: Tax Exemption under Section 13(12) for Specified Scenarios, Real Estate Investment Trusts and Qualifying Offshore Infrastructure Project/Asset
On or about 19 June 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the e-Tax Guide on Income Tax: Tax Exemption under Section 13(12) for Specified Scenarios, Real Estate Investment Trusts and Qualifying Offshore Infrastructure Project/Asset (Sixth...
IRAS updates REIT Applications
On or about 19 June 2019, the Inland Revenue Authority of Singapore (IRAS) has provided updated versions of the following Real Estate Investment Trust (REIT) applications for the purpose of applying for Tax Transparency Treatment: REIT — Application for Tax...
IRAS updates GST F19: Application for GST Advance Ruling
On or about 11 June 2019, the Inland Revenue Authority of Singapore (IRAS) has provided a new version of the GST F19 form. The Comptroller of GST (CGST) operates an advance ruling system to provide greater clarity and certainty to taxpayers. The system provides...
E-Tax Guides update to incorporate REIT amendments
On or about 19 June 2019, the following e-Tax Guides have been updated: Income Tax: Income Tax Treatment of Real Estate Investment Trust Exchange-Traded Funds (Third Edition) Income Tax: Income Tax Treatment of Real Estate Investment Trusts and Approved Sub-Trusts...
MOF Invites Feedback On Proposed Changes To The Income Tax Act
On or about 19 June 2019, the Ministry of Finance (MOF) is inviting interested parties to provide feedback on the draft Income Tax (Amendment) Bill 2019 from 19 June to 10 July 2019. The proposed amendments to the Income Tax Act (“ITA”) include 7 changes announced in...
ASC’s comments on ED/2019/1 Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)
On or about 18 June 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment to the International Accounting Standards Board (IASB) on ED2019/1 Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39). The ASC has raised...
GST Advance Ruling Application: Mode of submission amended
On or about 11 June 2019, the Inland Revenue Authority of Singapore (IRAS) has released the fifth edition of the e-Tax Guide, GST: Advance Ruling System. It replaces the fourth edition published on 5 April 2019. In this fifth edition, para 4.2.7 on mode of submission...
Amendments to Finland and Guernsey DTAs
On or about 1 June 2019, the amendments made by the MLI to Singapore's Avoidance of Double Taxation Agreements (DTAs) with Finland and Guernsey was entered into force. These amendments are via the following orders: Income Tax (Singapore — Finland) (Avoidance of Double...