Budget 2020 Speech Singapore

Budget 2020 Speech Singapore

Budget 2020 Speech to Be Delivered in Singapore 18 February   The Budget is Set to Tackle Immediate and Long-term Issues Singapore’s Finance Minister is set to deliver the annual speech for this year – the Budget 2020 speech – on 18 February. The announcement is set to be broadcasted on live television and radio.…

Overseas Services To Be Taxed by 2020

Overseas Services To Be Taxed by 2020

Overseas Services To Be Taxed by 2020 Changes to the Goods and Services Tax (Amendment) Bill will allow Singapore’s government to collect GST on overseas services beginning 2020. Users of Netflix for example, which is considered an overseas service, could cost extra. This may be a disadvantage for lower-income groups and further widen the digital…

International Standards on Exchange of Information Rates Singapore

International Standards on Exchange of Information Rates Singapore

International Standards on Exchange of Information Rates Singapore as Overall Compliant The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) has rated Singapore’s exchange of information upon request regime as being overall compliant with international tax transparency standards. This assessment is conducted via a peer review process of Singapore’s exchange…

Agreement for Double Taxation Avoidance Between Singapore and Brazil

Comprehensive Agreement for Double Taxation Avoidance Signed Between Singapore and Brazil On 7 May 2018, Singapore signed a comprehensive agreement with the Federative Republic of Brazil. The agreement pertained to the Avoidance of Double Taxation (DTA), and the agreement was signed between Singapore’s Minister for Foreign Affairs Dr Vivian Balakrishnan and Brazil’s Minister of Foreign…