On December 9, 2014, Singapore’s Inland Revenue Authority announced that Singapore and the United States had on that day entered into a Model 1 FATCA IGA.

A new section 10L of the Income Tax Act 1947 (Section 10L), which treats as income chargeable to tax any gains from the sale or disposal of foreign assets by an entity of a relevant group if the gains...

The Ministry of Sustainability and the Environment and the National Environment Agency have recently announced the eligibility criteria under the International Carbon Credit framework...

The father of artificial intelligence (AI), Professor Geoffrey Hinton, created shockwaves last week when he announced he was quitting his job at Google so he can speak out freely against the technology.

Singapore has just become the 48th nation (joining the US) to begin implementing the international Crypto-Asset Reporting Framework (CARF), which is intended to standardize...

On May 24, 2019, the IRAS released the transfer pricing guidelines for commodity marketing and trading activities, which outlines various factors that may affect the economic value attributed to such activities.

Historically, Singapore has not taxed capital gains.

In line with the intention of the Royal Government of Cambodia ("RGC") to mitigate the economic impact of COVID-19 and support the recovery of the tourism sector...

New stamp duty rules aim to cool the property market and moderate investment demand for private residential property.

The Income Tax (Amendment) Bill 2020 ("Bill") was read the first time on 5 October 2020 and passed in Parliament on 3 November 2020.

The Singapore Budget 2016 focused on driving growth within the economy, and much of this stems from supporting small-medium sized enterprises (SMEs).

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

The plaintiff main contractor engaged the defendant sub-contractor to carry out certain construction works.

The Singapore government brought the Income Tax (Refundable Investment Credits) Regulations 2025 (S 577/2025) into force on 1 September, which introduce tax credits of up to 50% for qualifying business investments under the Global Anti-Base Erosion (GloBE) Rules of the OECD/G20 Pillar Two framework.

In this client alert, we analyse the recent decision of GIQ v Comptroller of Income Tax [2025] SGITBR 1 (GIQ), concerning a taxpayer in the debt collection business which purchased certain non-performing loans from the bank.

Midway through SG 60 and the SG Cares campaign, the month of May marks the start of two landmark events in Singapore's philanthropy calendar - the Philanthropy Asia Summit (PAS) and Ecosperity Week.