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Tax Advisory & Transactions

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Insights related to tax advisory and transactions

Issues

Public consultation on proposed Multinational Enterprise (Minimum
Tax) Regulations—GloBE Safe Harbours and Transition Rules
– November 2024

Updates to Singapore’s Fund Tax Incentives – October 2024

Advance Ruling Summary No. 01/2024 – September 2024

Global Tax Policy Survey 2024 and Pillar Two research report – September 2024

Filing of income tax computations in functional currencies other than Singapore dollars – September 2024

Tax deduction for expenses incurred on renovation or refurbishment works done to business premises – August 2024

Tax framework for Variable Capital Companies – August 2024

GIO v Comptroller of Income Tax [2024] SGITBR 1 – July 2024

Global Anti-Base Erosion (GloBE) rules and Domestic Top-up Tax (DTT) – July 2024

Transfer pricing updates and developments – July 2024

Public Consultation on Proposed Income Tax (Amendment) Bill 2024 – July 2024

Public Consultation on Proposed Multinational Enterprise (Minimum Tax) Bill 2024 – July 2024

Pharmaceutical Manufacturing Industry—Tax Treatment of Research
& Development and Intellectual Property-Related Expenditure (fourth
edition)
– June 2024

Update on E-Invoicing in Singapore - June 2024

GHZ v The Comptroller of Income Tax [2023] SGITBR 2 – May 2024

Advance Ruling Summary No. 1/2024 – May 2024

Corporate compliance programmes – April 2024

InvoiceNow GST requirements – April 2024

Economic substance requirement – February 2024

Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2023 – February 2024

List of reportable jurisdictions for CRS purposes updated for reporting year 2023 – February 2024

Taxable and non-taxable income – January 2024

Correcting errors made in a GST return – January 2024

IRAS updates on corporate tax – January 2024

Tax treatment of gains or losses from the sale of foreign assets – December 2023

Income Tax (Amendment) Act 2023—Act 30 of 2023 – December 2023

Commitment given to implementation of Crypto-Asset Reporting Framework – November 2023

Tax deduction for borrowing costs other than interest expenses – November 2023

Enhancement to Approved Royalties Incentive (ARI) – October 2023

Malaysia Budget 2024 Snapshot – October 2023

The Ministry of Finance (MOF)’s responses to the key feedback received
on the draft Income Tax (Amendment) Bill 2023—Section 10L
– September 2023

Income Tax - The General Anti-Avoidance Provision and its Application - July 2023

Amendments to IAS 12 arising from OECD Pillar Two model rules, and proposed amendments to IFRS for SMEs - June 2023

Income Tax (Amendment) Bill 2023 – Draft provision to tax gains on disposal of foreign assets - June 2023

List of reportable jurisdictions for CRS purposes updated for reporting
year 2022
- March 2023

Advance Ruling Summary No.1/2023 - March 2023

GEY v CIT [2022] SGITBR – Definition of plant under the Income Tax Act 1947 - October 2022

Advance Ruling Summary No.10/2022 - August 2022

Advance Ruling Summary No. 8/2022 - July 2022

IRAS updates on tax treatment on appropriation of trading stock for
non-trade or capital purposes and conversion of non-trade or capital assets to
trading stock
 - May 2022

Organisation for Economic Co-operation and Development (OECD) invites public input on “extractives exclusion” under Amount A of Pillar One - April 2022

Key updated conditions of Section 13O and Section 13U applications for
family offices
 - April 2022

IRAS e-Tax guide on determining the date of payment or deemed payment for the purpose of complying with withholding tax obligations - February 2022

Advance Ruling Summary No.2/2022 - February 2022

The resilient agile and sustainable supply chain - February 2022

GST rate change - February 2022

Any questions?
If you have any questions about the newsletter, please contact the Southeast Asia Tax & Legal Clients & Markets team.

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