3E Accounting Newsletter

E-Newsletter April 2016

Dear Reader, Welcome to our E-Newsletter April 2016 We are glad to present you our newsletter for April 2016. In this issue, we would like to give some highlights to the recent most talked about business topic: Singapore Budget 2016 Budget speech, which was a business-minded one, was being made in Parliament recently. Accordingly, for the…

Avoidance of Double Taxation Enter Into Force

Second Protocol to Singapore-UAE Agreement for the Avoidance of Double Taxation Enter Into Force The Second Protocol amending Singapore’s standing Avoidance of Double Taxation Agreement (DTA) with United Arab Emirates (UAE) entered into force on 16 March 2016. The revised terms in the Second Protocol include longer threshold periods to ascertain the presence of a…

International Accounting Standards

The International Accounting Standards Board April Key Update

The International Accounting Standards Board April Key Update The April 2016 IASB Update has been published. The International Accounting Standards Board (the Board) has today issued amendments to the Revenue Standard, IFRS 15 Revenue from Contracts with Customers, clarifying some requirements and providing additional transitional relief for companies that are implementing the new Standard. The…