by admin | Mar 9, 2026 | Accounting, Auditing, Company Law, Income Tax, Tech News
This technical note outlines common corporate tax compliance issues and the relevant treatment frameworks following a review of current IRAS administrative positions and taxpayer obligations. 1. Foreign Source Income Tracking Under Singapore’s territorial basis of...
by admin | Mar 6, 2026 | Accounting, Auditing, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has completed a comprehensive review of its Audit Quality Indicators (AQI) Disclosure Framework, introducing several significant updates. The revised framework, which takes effect for audits with financial years...
by admin | Mar 4, 2026 | Accounting, Auditing, Income Tax, Tech News
Singapore’s Inland Revenue Authority of Singapore (IRAS) has published Advance Ruling Summary No. 4/2026, addressing the tax treatment of gains arising from the sale of a company’s office property to a related party . Background of the Application Company A, a...
by admin | Mar 3, 2026 | Accounting, Auditing, Income Tax, Tech News
In a published decision that provides practical guidance on appeal procedure, the Income Tax Board of Review (the “Board”) has addressed the requirements for introducing new grounds of appeal in a tax dispute concerning capital allowance claims for a...
by admin | Mar 3, 2026 | Accounting, Auditing, Data Protection & Cybersecurity, Income Tax, Tech News
The regulatory landscape for personal data protection in Singapore continues to evolve, with increasing emphasis on organisational accountability, proactive compliance, and robust breach management. Following a comprehensive review of current PDPA requirements and...
