Singapore Publishes Revised Edition of its Productivity Credit e-Tax Guide
The Inland Revenue Authority of Singapore (IRAS) has published a revised edition of its e-tax guide for the Productivity and Innovation Credit (PIC). The new guide includes the changes made in February’s 2014 Budget Statement.
Singapore Launches New International Tax Research Center
Singapore announced on Tuesday the launch of a new international tax research center, in a bid to become one of the world’s leading accountancy hubs.
Singapore Expands SME Financing Options to Support Small Businesses
More channels for small and medium enterprise financing are opening up in Singapore, as banks introduce new grant programs and the government steps up effort to support small businesses.
Singapore Promotes Green Energy Research and Development
The Singaporean government announced this morning that it has pledged US$80 million to fund two new research and development R&D initiatives within the energy sector.
Singapore Strengthens Investor Protections
The Monetary Authority of Singapore (MAS) has proposed new measures to improve investor protection, including extending current regulatory safeguards to cover non-conventional investment products and making it mandatory for all investment products to be rated according to their complexity and risk.
Singapore Boosts Information Technology Cooperation with South Korea
Small and medium sized information technology companies in South Korea and Singapore can look forward to more opportunities for cooperation and growth as the two countries inked a Memorandum of Understanding on Information and Communications Technology collaboration last Friday.
Singapore and Seychelles Sign Double Tax Agreement
The Inland Revenue Authority of Singapore has announced that Singapore and the Seychelles have signed an Agreement for the Avoidance of Double Taxation on July 9, 2014.
Tax Exemptions on Foreign Income for Singapore-Based Companies
According to the Inland Revenue Authority of Singapore, a Singapore tax resident can enjoy tax exemption on specified foreign income that is remitted into Singapore.
Singapore and Vietnam Sign MOU on Intellectual Property
Singapore and Vietnam committed to greater collaboration on intellectual property (IP) utilization and protection in a Memorandum of Understanding (MOU) signed on Wednesday, July 2. The two countries signed the agreement during the four-day 44th Asean Working Group on Intellectual Property Cooperation (AWGIPC) meeting in Ho Chih Minh City this week.
New ASEAN-RCEP Talks Held in Singapore
Leaders of 16 Asia-Pacific nations gathered in Singapore last week for the fifth round of negotiations for the proposed Regional Comprehensive Economic Partnership (RCEP).