Wage Credit Scheme

Wage Credit Scheme Payouts for 2016

Wage Credit Scheme Payouts for 2016 Employers are reminded to make CPF Contributions for employees by 14 Jan 2016 to receive Wage Credit Scheme payouts Employers of eligible Singaporean employees are reminded to make the full CPF contributions for these employees by 14 January 2016 in order to receive the third tranche of Wage Credit…

Singapore-Luxembourg Avoidance of Double Taxation Agreement Enter Into Force

Avoidance of Double Taxation Agreements

Singapore-Luxembourg Avoidance of Double Taxation Agreement Enter Into Force The revised Singapore-Luxembourg Avoidance of Double Taxation Agreement (DTA) entered into force on 28 December 2015. The revised DTA lowers the withholding tax rates for dividends, interest and royalties, lengthens the period test for determining permanent establishments as well as provides a more mutually favourable tax…

The Significance of Stamp Duty

The Significance of Stamp Duty

Tax duty refers to the legal documents that pertain to the transmission of assets. This task is customary in countries that are included in the Commonwealth of Nations such as Singapore, the US and Australia. When a stamp duty is enforced, the tax is allocated on the reassignment of the property such as homes, buildings,…

GOODS AND SERVICES TAX (GST) - Launch of GST Bulletin Issue 11

Launch of GST Bulletin Issue 11

GOODS AND SERVICES TAX (GST) – Launch of GST Bulletin Issue 11 IRAS are pleased to inform you that a new issue of the bi-annual GST Bulletin has been released. The GST Bulletin features bite-sized information on recent changes in GST law and GST treatment on issues commonly faced by GST-registered businesses. Some key topics…

3E Accounting Newsletter

E-Newsletter January 2016

Dear Reader, Welcome to our E-Newsletter January 2016 We are glad to present you our final newsletter for 2015. It has been an eventful year as since the beginning of this year, the economic environment continues to be challenging, both domestic and worldwide. Despite such a challenging environment, we have continued to do our best…