Latest Updates

Deposits and Downpayment

Pages 04 Jun 2026

Amendments

Amendments

Page has been enhanced for readability and a new example on deposits forfeited for early termination of contract has been added. 

Income Tax: Transfer Pricing Guidelines (Ninth Edition) (PDF, 1.3 MB)

e-Tax Guide 04 Jun 2026

Amendments

Amendments

Paragraph 5.120 relating to share-based compensation is added to the IRAS Transfer Pricing Guidelines. 

Gifts and Samples

Updated Content 04 Jun 2026

Amendments

Amendments

Page has been enhanced for readability and included clarifications on how to determine the OMV of goods intended as gifts as opposed to that that were not originally purchased as gifts.

Global Anti-Base Erosion (GloBE) Rules and Domestic Top-up Tax (DTT)

Pages 03 Jun 2026

Amendments

Amendments

Updated to reflect the implementation of the Side-by-Side package in Singapore in accordance with the Inclusive Framework’s agreement

Advance Ruling System for Income Tax

Pages 02 Jun 2026

Amendments

Amendments

1 new ruling summary added to 'Summary of Income Tax Advance Rulings Issued (Other than Individual Income Tax)'

Changing GST Accounting Periods

Updated Content 02 Jun 2026

Amendments

Amendments

Restructured the webpage to improve readability, including a clearer example on Special Accounting Periods and a new section on how to request changes to GST accounting periods. 

Consumers Importing Goods into Singapore

Pages 02 Jun 2026

Amendments

Amendments

Restructured the webpage to improve readability and added a new section on "How much GST you pay". 

e-Learning

New Content 25 May 2026

Amendments

Amendments

Added a new e-learning video on “Module Nine – GloBE and DTT-Related Compliance Obligations (29m 38s)” under the “Global Anti-Base Erosion Rules and Domestic Top-up Tax (DTT)” sub-header.

e-Learning on Global Anti-Base Erosion (GloBE) Rules and Domestic Top-up Tax (DTT)

New Content 25 May 2026

Amendments

Amendments

Added a new e-Learning video on “Module Nine – GloBE and DTT-Related Compliance Obligations” under the “e-Learning Videos on GloBE Rules and DTT” header.

After Filing Form C-S/ Form C-S (Lite)/ Form C

Pages 18 May 2026

Amendments

Amendments

Updated to announce IRAS’ proposal to mandate Revise/ Object to Assessment digital service from 1 Jul 2027