The Singapore parliament passed the Income Tax (Amendment) Act 2023 on 3 October to introduce a new Section 10L in the Income Tax Act 1947 (ITA), which aligns Singapore's foreign...

Singapore Telecom Australia Investments Pty Ltd v Commissioner of Taxation [2024] FCAFC 29, concerned the ATO's review of interest deductions claimed by STAI...

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.

Taiwan has since 1 January 2023 implemented controlled foreign corporation (CFC) rules to prevent tax avoidance by taxing income earned by foreign entities controlled by Taiwanese residents.

This article provides an overview of the recent developments in relation to the Singapore Tax Incentive Schemes for Funds.

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)

We are delighted to feature for your information the Budget 2015 delivered in Parliament on 23 February 2015 by Singapore’s Deputy Prime Minister and Finance Minister

In Singapore, stamp duty emanates from the Stamp Ordinance 1929, a piece of tax legislation that pre-dates even income tax.

Singapore's finance minister Mr Heng Swee Keat presented this year's budget against a backdrop of a slowing global economy and its consequences for Singapore.

A well-planned trust structure is an increasingly popular option for high-net-worth Asian families.

Hiap Seng Building Construction Pte Ltd v Hock Heng Seng Contractor Pte Ltd [2024] SGHC 50 dealt with an unusual situation: what happens if a payment response is served before the payment claim was deemed to have been served?

This article provides an overview of the tax treatment of gains from sale or disposal of foreign assets in Singapore and its implications for multinational corporations and the investment fund industry.

In this client alert, we examine the recent High Court decision of Changi Airport Group (Singapore) Pte Ltd v Comptroller of Income Tax [2024] SGHC 281...

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.

In our Stop Press of 22 July 2020, we summarise the Ministry of Finance's proposed amendments to the Income Tax Act ("ITA") and Stamp Duties Act.

We would like to alert clients of the recent stepped up audits by IRAS on past tax filings and relevant financial statements. Such queries are generally raised via IRAS' desk or field audits.

The carbon tax regime in Singapore is governed under the Carbon Pricing Act 2018 ("CPA") that provides for, among other things, requirements relating to registration...

Historically, Singapore does not tax capital gains. Only gains which are "income" in nature are taxed.

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.

When considering the potential tax risks and opportunities arising from a cross-border or multi-jurisdictional M&A transaction, it is crucial to consider transfer pricing early in the process.