Singapore News
Tax-Privileged Free Trade Zones The OECD's Next Target
by Ulrika Lomas, Tax-News.com, Brussels
Monday, March 19, 2018
In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods. Read Full Story
OECD Releases New Dispute Resolution Peer Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 13, 2018
The OECD on March 12 released a third round of peer reviews of countries' efforts to implement the BEPS minimum standard on improving tax dispute resolution mechanisms. Read Full Story
FATCA Reporting To Start April 16 In Singapore
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, March 6, 2018
Financial institutions in Singapore are required to file information required under the US Foreign Account Tax Compliance Act starting April 16 by May 31, 2018. Read Full Story
Singapore Updates Guidance On Transfer Pricing Regime
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, February 28, 2018
The Inland Revenue Authority of Singapore on February 23, 2018, released the fifth edition of its Transfer Pricing Guidelines for income tax. Read Full Story
Singapore Confirms Future GST Hike In Budget
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, February 20, 2018
Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget. Read Full Story
Singapore Issues More Automatic Tax Info Exchange Guidance
by Mary Swire, Tax-News.com, Hong Kong
Saturday, February 17, 2018
Singapore's tax agency has made two announcements recently concerning the automatic exchange of information on foreign taxpayers' affairs, on the Common Reporting Standard and the US Foreign Account Tax Compliance Act. Read Full Story
Singaporean Emitters Seek Progressive Carbon Tax Regime
Mary Swire, Tax-News.com, Hong Kong
Friday, February 2, 2018
Singapore is engaging businesses on tweaking the design of its new carbon tax, which is proposed to be in place by 2019. Read Full Story
Singapore, Sri Lanka Sign Free Trade Pact
by Mary Swire, Tax-News.com, Hong Kong
Friday, January 26, 2018
Sri Lanka signed its first ever comprehensive free trade agreement on January 23, with Singapore. Read Full Story
Agreement Reached On New Trans-Pacific Partnership
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, January 24, 2018
Ministers from 11 countries have announced their agreement upon the "core elements" of a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Read Full Story
India Mulling Tax On Foreign Solar Products
Mary Swire, Tax-News.com, Hong Kong
Thursday, January 18, 2018
India is proposing to levy a safeguard duty of 70 percent on imports of solar-power equipment from China and Malaysia. Read Full Story
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