If you operate in Singapore, you need to know that 2019 is the first year of mandatory transfer pricing documentation in that country.
SKP Business Consulting LLP
Due to proximity to key markets and depth of trading expertise in Singapore, a number of multinational groups have set up operations here to conduct commodity marketing and trading activities.
The NOR scheme will lapse after YA 2020.
Duff and Phelps
The timelines and regulations are summarized below for reference.
This is a brief follow up to our earlier customs and trade update titled, "The Resurrection of Sales and Service Tax".
In Singapore, stamp duty emanates from the Stamp Ordinance 1929, a piece of tax legislation that pre-dates even income tax.
As of May 2018, Singapore has excluded intellectual property (IP) income from the Pioneer Service Incentive (PC-S) and the Development and Expansion Incentive (DEI)
Singapore announced its Budget 2018 in February this year with measures introduced to ensure a sustainable and competitive future for the country.
Tax deductions are available for costs incurred in the registration, acquisition and licensing of intellectual property.
The Stamp Duties (Agreements for Sale of Equity Interest) (Remission) Rules 2018 (the 2018 Rules) came into operation almost imperceptibly on 11 April 2018.
The 2018 Singapore Budget Statement, announcing various tax changes, was delivered by Finance Minister Heng Swee Keat on 19 February 2018 – highlighting a record budget surplus...
With the proliferation of blockchain technology and cryptocurrencies, the Initial Coin Offering ('ICO') has quickly become the preferred method for blockchain players to raise capital.
Khaitan & Co
The Mumbai Bench of the Income-tax Appellate Tribunal (Tribunal) in its ruling in Citicorp Investment Bank (Singapore) Ltd ( 81 taxmann.com 368) has upheld the capital gains tax exemption...
Should digital downloads, streaming services and online purchases from foreign entities be subject to goods and services tax (GST) in Singapore? How about off-premise cloud computing?
Last Friday, the Singapore Government announced stamp duties changes and new measures relating to Singapore residential properties that come into effect on 11 March 2017.
The Constitution Amendment Bill for Goods and Services Tax (GST) has been approved by The President of India and the GST council have decided to enforce GST from 1st July 2017.
For the 2017 Year of Assessment, companies in Singapore are required to report their estimated chargeable income and gross revenues within three months of their financial year-end.
On 12 January 2017, the Inland Revenue Authority of Singapore (‘IRAS') released the fourth edition of the Singapore Transfer Pricing Guidelines.
India's 2020 Budget, which was announced on February 1, introduces various changes that will significantly impact high net-worth (HNW) families and international investors.
It gives me pleasure to present to you the summer edition of our quarterly Asia Tax Bulletin. It contains a host of changes and developments, including China's