by admin | May 11, 2026 | Accounting, Income Tax, Tech News
Registration has commenced for multinational enterprise groups that fall within the scope of Singapore’s Multinational Enterprise (Minimum Tax) Act 2024. In-scope groups must register online through the IRAS form, which is to be submitted by the ultimate parent entity...
by admin | May 8, 2026 | Accounting, Goods and Services Tax, Tech News
In GIY v The Comptroller of Goods and Services Tax [2026] SGGST 1, the GST Board of Review upheld the Comptroller’s decision to disallow approximately S$2.4 million of input tax claims. Although the taxpayer showed that some goods were exported, it did not establish...
by admin | May 6, 2026 | Accounting, Company Law, Ethics, News, Tech News
Personal Criminal Liability Extends to Company Secretaries and Operational Managers Recent enforcement actions confirm that anti-money laundering (AML) accountability no longer rests exclusively on nominee directors. Company secretaries may face prosecution,...
by admin | May 6, 2026 | Accounting, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) of Singapore has alerted registered corporate service providers (CSPs) to a rising scheme where scammers use forged or doctored identification documents to appoint unwitting individuals as directors of newly...
by admin | May 6, 2026 | Accounting, Sustainability Reporting, Tech News
While risk reporting is well-established, the reporting of sustainability-related opportunities remains underdeveloped and often hidden. This reluctance stems from two primary concerns: commercial sensitivity (fear of alerting competitors) and the risk of...
