Latest Updates Listing

Date Category Latest Updates
1 Mar 2021 Updated Content The MLI changes to Singapore's DTA with Panama enter into force on 1 March 2021
1 Mar 2021 Media Release Receive Direct Tax Bills this Tax Season 2021
26 Feb 2021 Updated Content GST on Imported Services
26 Feb 2021 New Content GST on Imports of Low-Value Goods
26 Feb 2021 New Content GST on Imported Low-Value Goods
26 Feb 2021 Updated Content Purchasing Remote Services from Overseas Service Providers
24 Feb 2021 Updated Content Companies under Liquidation
18 Feb 2021 Updated Content Feb 2021 - Scam letter issued by cryptocurrency investment platform
16 Feb 2021 New Content Budget 2021 - Overview of Tax Changes
10 Feb 2021 e-Tax Guide Record Keeping Guide for GST-registered Businesses (Seventh Edition)
10 Feb 2021 e-Tax Guide GST: Fringe Benefits (Fifth Edition)
10 Feb 2021 Updated Content Current Area of Focus for Audits
10 Feb 2021 Updated Content Claiming GST Incurred Before GST Registration
10 Feb 2021 e-Tax Guide GST Pre-Registration Claims on Goods and Services (Businesses Registered on or after 1 July 2015) (Fourth Edition)
10 Feb 2021 Updated Content Overview of Audits by IRAS
10 Feb 2021 Updated Content Responsibilities of GST-Registered Businesses
10 Feb 2021 e-Tax Guide GST: Guide on Due Diligence Checks to Avoid Being Involved in Missing Trader Fraud
10 Feb 2021 e-Tax Guide GST: General Guide for Businesses (Ninth Edition)
10 Feb 2021 Updated Content Conditions for Claiming Input Tax
10 Feb 2021 e-Tax Guide GST: Guide for Motor Vehicle Traders
10 Feb 2021 Updated Content Keeping Records
10 Feb 2021 e-Tax Guide GST Guide for the Biomedical Industry (Fifth Edition)
9 Feb 2021 New Content List of Reportable Jurisdictions for 2020 CRS reporting published
4 Feb 2021 Updated Content Country-by-Country Reporting
1 Feb 2021 e-Tax Guide 1 Feb 2021 - Revised e-Tax Guide on Taxation of Insurers Arising from Changes Made to Risk-Based Capital Framework
1 Feb 2021 Updated Content Summary of Income Tax Advance Rulings
1 Feb 2021 Updated Content Publication of Income Tax Advance Rulings
1 Feb 2021 Updated Content Application Form for Income Tax Advance Ruling with effect from 1 Feb 2021
1 Feb 2021 New Content Reminder: CRS XML Schema Version 2.0 (Effective from 1 February 2021)
29 Jan 2021 e-Tax Guide Research and Development Tax Measures (Sixth Edition)
29 Jan 2021 Updates on COVID-19 Tax Guidance: Tax Residency Status of a Company and Permanent Establishment and Transfer Pricing
28 Jan 2021 New Content Tax Treatment of Debts Forgiven under MinLaw’s Simplified Debt Restructuring Programme
27 Jan 2021 New Content Tax Deductibility of Pre-commencement Expenses
26 Jan 2021 Updated Content S45 e-Service : Updated guide for View S45 Notices and Letters
26 Jan 2021 Updated Content Implementing S45 Withholding Tax e-Filing for Liquidators/Liquidated Companies (w.e.f 1 Feb 2021)
26 Jan 2021 Updated Content S45 e-Service : What to do if you encounter previous ODE application version is detected
20 Jan 2021 e-Tax Guide GST: Guide on Imports (392KB)
15 Jan 2021 Tax Crime 14 weeks’ jail for sole-proprietor for evading GST
8 Jan 2021 e-Tax Guide GST Guide for Property Owners and Property Holding Companies (423kb)
4 Jan 2021 Updated Content Summary of Income Tax Advance Rulings (Jan 21)
4 Jan 2021 Updated Content Transfer Pricing
4 Jan 2021 Updated Content The MLI changes to Singapore's DTAs with Albania and Egypt entered into force on 1 January 2021.
31 Dec 2020 Updated Content Updates on Government Cash Grant (announced in Fortitude Budget)
28 Dec 2020 Updated Content The MLI changes to Singapore's DTA with Indonesia took effect on 26 December 2020
22 Dec 2020 Media Release Over $1 billion in 2020 Wage Credit Scheme payouts to more than 95,000 employers
18 Dec 2020 Tax Crime Company Director Convicted of False PIC Claim, and First to be Jailed for Giving False Statement to IRAS
18 Dec 2020 New Content Tax Deductibility of Expenses
18 Dec 2020 Updated Content Country-by-Country Reporting (CbCR)
17 Dec 2020 New Content GST Bulletin 21
17 Dec 2020 New Content COVID-19 Support Measures and Tax Guidance: Rental Relief Framework
10 Dec 2020 e-Tax Guide Certainty of Non-taxation of Companies’ Gains on Disposal of Equity Investments (Third Edition)
9 Dec 2020 New Content About the International Compliance Assurance Programme
7 Dec 2020 Updated Content Digital Taxes
7 Dec 2020 Updated Content Income Tax Treatment of COVID-19-Related Payouts to Businesses and Individuals
20 Nov 2020 Updated Content Nov 2020 – Scam Email – ‘Coronavirus Tax Relief and Economic Impact Payments’
18 Nov 2020 Updated Content S45 Offline Data-Entry (ODE) App with latest version 3.14 and Import Template is now available for download
13 Nov 2020 Tax Crime Manager to pay over $200,000 in fines and penalties for omitting his bonus income
11 Nov 2020 Updated Content Request for Filing Extension for YA 2020 Corporate Income Tax Return (Form C-S/ C)
9 Nov 2020 e-Tax Guide GST: Transfer Pricing Adjustments
9 Nov 2020 e-Tax Guide GST Guide for the Aerospace Industry
5 Nov 2020 Media Release Corporate Tax Filing Simplified for Companies
2 Nov 2020 Updated Content Summary of Income Tax Advance Rulings Issued
30 Oct 2020 Media Release Former Businessman First to be Charged for Failure to Register GST for Online Sales
30 Oct 2020 Updated Content The MLI changes to Singapore's DTA with Oman enter into force on 1 November 2020
30 Oct 2020 Tax Crime Dentist to pay $40,716 in fines and penalties for omission of income and failure to register for GST
28 Oct 2020 Updated Content Tax Residence Status of a Company and Permanent Establishment
27 Oct 2020 e-Tax Guide Revised e-Tax Guide on Tax Treatment Arising from Adoption of Financial Reporting Standard 116 or Singapore Financial Reporting Standard (International) 16 - Leases
27 Oct 2020 New Content Taxability of Income
27 Oct 2020 Oct 2020 – Phone and Email Scam – ‘Iras Refund letter…2015-2018’
19 Oct 2020 Media Release Over $5.5 billion to be disbursed from 29 Oct under the Jobs Support Scheme
16 Oct 2020 Media Release IRAS Annual Report FY2019/20
16 Oct 2020 New Content IRAS Annual Report FY2019/20 - Redefining Taxpayers' Experience
12 Oct 2020 Updated Content Updates to COVID-19 Microsite - PT rebate
9 Oct 2020 e-Tax Guide Revised e-Tax Guide on Income Tax Treatment of Digital Tokens
2 Oct 2020 Media Release Employers Taken to Task for Abusing Jobs Support Scheme
1 Oct 2020 Updated Content The MLI changes to Singapore's DTA with Kazakhstan enters into force on 1 October 2020
25 Sep 2020 Updated Content S45 Withholding Tax : Basic Withholding Tax Applicability Calculator
25 Sep 2020 Updated Content S45 Withholding Tax : Common Errors Made by S45 WHT Payers
25 Sep 2020 New Content Corporate Tax Filing Obligations and Basis of Assessment
21 Sep 2020 Updated Content FAQ – FATCA Filing Process via myTax Portal document updated
21 Sep 2020 Updated Content IRAS FATCA FAQs document updated
21 Sep 2020 Updated Content IRAS Supplementary XML Schema User Guide for Preparing the FATCA Reporting Data File (“Supplementary Guide”)(Second Edition)
17 Sep 2020 Updated Content Application of section 13A(11) when a ship ceases to be a Singapore ship (a ship registered with the Singapore Registry of Ships)
7 Sep 2020 Updated Content Updates for Microsite on COVID-19 Support Measures and Tax Guidance for Property Owners
7 Sep 2020 New Content COVID-19 Support Measures and Tax Guidance: Transfer Pricing
4 Sep 2020 New Content Jobs Growth Incentive (JGI)
4 Sep 2020 Media Release Eligible Firms To Receive Jobs Growth Incentive Automatically from March 2021
1 Sep 2020 Updated Content The MLI changes to Singapore's DTA with Czech Republic enter into force on 1 September 2020
1 Sep 2020 Updated Content COVID-19 GST Guidance
28 Aug 2020 e-Tax Guide Tax Framework for Variable Capital Companies
28 Aug 2020 Media Release Entry into force of reciprocal FATCA IGA with the United States of America
28 Aug 2020 New Content Updates to IRAS CRS FAQs
21 Aug 2020 Tax Crime Businessman Convicted for False PIC Claim
20 Aug 2020 Media Release New Seamless Filing Initiative Enables SMEs to Go Digital
19 Aug 2020 New Content Rental Details Form for Government cash grant (announced in Fortitude Budget)
19 Aug 2020 New Content CRS XML Schema Version 2.0 (Effective from 1 February 2021)
17 Aug 2020 e-Tax Guide Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses (Third Edition)
14 Aug 2020 New Content GST Bulletin Issue 20
14 Aug 2020 e-Tax Guide Income Tax: Taxation of Insurers Arising from Changes Made to Risk-Based Capital Framework
12 Aug 2020 Updated Content Updated FATCA Fillable PDF Form published
7 Aug 2020 Updated Content Belize Added to the List of Jurisdictions that have Exchange Relationships with Singapore
7 Aug 2020 Tax Crime Furniture Business Partner Sentenced to 10 Weeks’ Jail and $262,075 Penalty for Income Tax Evasion and Failure to Register for GST
6 Aug 2020 Updated Content Invoicing Customers (Self-Billing)
6 Aug 2020 Updated Content GST Self-review Forms
6 Aug 2020 Updated Content Gross Margin Scheme
6 Aug 2020 e-Tax Guide Motor Trade (Gross Margin Scheme)
4 Aug 2020 Media Release DBS Supports IRAS in Digital Payment Implementation
3 Aug 2020 Tax Crime Two Business Partners Penalised for Under-reporting Income and GST
30 Jul 2020 New Content Form C-S (Lite)
27 Jul 2020 Investment Company and its Director Fined for Incorrect Declaration of Directors’ Fees in Tax Returns
25 Jul 2020 Tax Crime Restaurant Director Convicted of Unlawful Collection of GST and Failure to Register for GST
20 Jul 2020 Updated Content COVID-19 Support Measures and Tax Guidance
20 Jul 2020 Tax Crime Two Directors of Plastic Cards Company Convicted for Income Tax Evasion and Failure to Register for GST
19 Jul 2020 Over $4 billion to be disbursed from 29 Jul under the Jobs Support Scheme
17 Jul 2020 Tax Crime Used Car Dealer Abetted Company to Understate over $6 million of Income
3 Jul 2020 Updated Content Public Advisory - Phone and Email Scam - ‘Iras Refund letter… 2017 – 2019’
1 Jul 2020 Updated Content The MLI changes to Singapore's DTA with San Marino enter into force on 1 July 2020
1 Jul 2020 Updated Content Cash Accounting Scheme
29 Jun 2020 Tax Crime Director of two real estate agencies gets 4 weeks' jail for under-declaring more than $730,000 in income
24 Jun 2020 e-Tax Guide Income Tax Treatment of Real Estate Investment Trusts and Approved Sub-Trusts (Seventh edition)
18 Jun 2020 Tax Crime Indian National Sentenced to 18 Months' Imprisonment for Corruption, GST Tourist Refund Fraud and Money Laundering
11 Jun 2020 Media Release Over $450 Million in Wage Credits for more than 95,000 Employers by 30 June 2020
9 Jun 2020 Updated Content Invoicing Customers
3 Jun 2020 Media Release Jobs Support Scheme: IRAS Reminds Employers to Ensure Rightful CPF Contributions
3 Jun 2020 Media Release Additional Loan and Cashflow Support for Landlords and Businesses Affected by COVID-19
1 Jun 2020 Updated Content The MLI changes to Singapore's DTA with Russia took effect on 30 May 2020
1 Jun 2020 Updated Content The MLI changes to Singapore's DTAs with Portugal and Uruguay enter into force on 1 June 2020
26 May 2020 Updated Content Resilience Budget, Solidarity Budget and Fortitude Budget
22 May 2020 e-Tax Guide Income Tax Treatment of Real Estate Investment Trusts and Approved Sub-Trusts (Sixth edition)
21 May 2020 e-Tax Guide Property Tax Rebate for Non-Residential Properties in 2020 (Fourth Edition) (PDF, 800KB)
20 May 2020 Updated Content S45 Offline Data Entry (ODE) Application with the latest version 3.13 is available for download.
18 May 2020 Updated Content File payable GST returns for period ending Apr 2020 by 11 Jun 2020
18 May 2020 Updated Content Webpage on Overview of GST e-Filing Process
17 May 2020 Media Release Over 140,000 employers to receive $4 billion in next Jobs Support Scheme payout from 28 May
15 May 2020 Updated Content Extension of CRS Filing Deadline
15 May 2020 Updated Content Extension of FATCA Filing Deadline
15 May 2020 Updated Content Updates to Webpage on Real Estate on Property Tax Rebate
8 May 2020 e-Tax Guide 8 May 2020 - Income Tax: Enhanced Carry-back Relief System (Revised edition)
6 May 2020 Updated Content Webpage on ACAP
30 Apr 2020 Updated Content The MLI changes to Singapore's DTAs with Cyprus and Saudi Arabia enter into force on 1 May 2020
30 Apr 2020 New Content Tax Agreement with Turkmenistan Enters Into Force
29 Apr 2020 Updated Content Public Advisory - Scam Calls Requesting for Personal and Bank Account Details in the Pretext of Making Tax Refunds or Imposing Fines
27 Apr 2020 e-Tax Guide GST Exemption of Investment Precious Metals (388KB)
24 Apr 2020 Updated Content Update: IRAS will release the updated FATCA Fillable PDF Form on 6 May 2020 instead of 29 April 2020
23 Apr 2020 Updated Content File payable GST returns for period ending Mar 2020 by 11 May 2020 based on information available
23 Apr 2020 Updated Content Extended Tax Filing Deadlines
21 Apr 2020 Media Release Government to Continue Support Measures to Protect Livelihoods and Stabilise Businesses During Extended Circuit Breaker Period
20 Apr 2020 Updated Content New IRAS FAQs on FATCA Filing Process via myTax Portal (PDF, 296KB)
20 Apr 2020 Updated Content New and updated IRAS FAQs on provision of FATCA Registration Information to IRAS (PDF, 272KB)
20 Apr 2020 Updated Content IRAS will release an updated FATCA Fillable PDF Form on 29 April 2020
18 Apr 2020 Media Release Temporary Closure of IRAS Taxpayer Counter Services from 20 April to 4 May 2020
17 Apr 2020 e-Tax Guide 17 Apr 2020 - Income Tax Treatment of Digital Tokens
16 Apr 2020 Media Release New Measures to Help REITs Navigate Operating Challenges Posed by COVID-19
15 Apr 2020 Media Release More than 140,000 employers will receive over $7 billion payouts to cover wages of over 1.9 million local employees
14 Apr 2020 Updated Content S45 Offline Data-Entry (ODE) App with latest version 3.12 is now available for download
13 Apr 2020 e-Tax Guide Compliance Requirements of SG-US IGA on FATCA (FATCA e-Tax Guide) (Third Edition) (1,172KB)
9 Apr 2020 New Content Jobs Support Scheme (JSS)
8 Apr 2020 Tax Crime 41 weeks’ jail and $1.2 million penalty for person who assisted two pubs to evade taxes
4 Apr 2020 Media Release IRAS Extends Tax Filing Deadlines; Taxpayer Counter Services by Appointment Only
2 Apr 2020 Media Release COVID-19 Relief Measures: Upcoming Legislative Provisions To Impose Obligation on Property Owners To Pass On The Property Tax Rebate In Full To Tenants
1 Apr 2020 Updated Content FATCA Return Filing for the Reporting Year 2019 will commence on 20 April 2020
1 Apr 2020 Updated Content CRS Return Filing for the Reporting Year 2019 will commence on 20 April 2020
1 Apr 2020 Updated Content The MLI changes to Singapore's DTAs with Liechtenstein and Qatar enter into force on 1 April 2020
1 Apr 2020 e-Tax Guide 1 Apr 2020 - Income Tax: Tax Deduction for Expenses Incurred on Renovation or Refurbishment Works Done to Business Premises (PDF, 317KB)
1 Apr 2020 e-Tax Guide GST: Guide on Partial Exemption and Input Tax Recovery (Sixth Edition) (501KB)
1 Apr 2020 e-Tax Guide GST: Guide on Attribution of Input Tax (Sixth Edition) (459KB)
27 Mar 2020 Tax Crime Two brothers sentenced to 2 weeks' in jail and $253,913 in penalties for tax evasion
27 Mar 2020 Tax Crime Machinery Wholesaler Behind PIC Sham Jailed 46 Months and Ordered to Pay $5.75 million in Penalties
26 Mar 2020 New Content Resilience Budget - Support Measures for Taxpayers
24 Mar 2020 New Content New IRAS Public Key for preparing a FATCA reporting packet for submission via IDES between 25 to 31 March 2020
24 Mar 2020 New Content Reminder: Changes to FATCA reporting requirements with effect from 1 April 2020
23 Mar 2020 Tax Crime Sole-proprietor sentenced to 6 months’ jail and $996,236 in penalties for Income Tax and GST evasions
18 Mar 2020 March 2020 - Advisory on scam calls with Automated Voice Messages
17 Mar 2020 Media Release Over $600 million in Wage Credits for more than 90,000 employers by 31 March 2020
17 Mar 2020 Updated Content ACAP Renewal Working templates (260KB)
6 Mar 2020 Mar 2020 - Advisory on Scam calls