Blog

Economic Recession Following Circuit Breaker

25/07/2020

Due to 2-month Circuit Breaker, Singapore Qtr 2 GDP shows serious economic recession. Singapore Slumps Into Recession With Record 41.2% GDP Plunge

Jobs Support Scheme (July Payouts)

24/07/2020

JSS for Jul payout to be paid from 29 JUL 2020. This will be a great help to businesses’ cashflow for the payment of workers’ salaries. 140k employers to get $4 billion in Jobs Support Scheme payouts from July 29

Providing False Due Diligence Reports

24/07/2020

Two ex-UOBKH staff were charged under the Securities and Futures Act. Two ex-UOBKH staff charged with lying to MAS over due diligence reports on a Catalist aspirant

Covid-19 and Taxes

23/07/2020

Good article on tax implications and issues arising from Covid19 environment COVID-19 AND TAXES

Advance Ruling Summary No. 3/2020

22/07/2020

IRAS Advance Ruling : Tax Treatment on Expenditure incurred to Acquire New Business Advance Ruling Summary No. 3/2020 – Published on 30 Jun 2020

Tax Planning by MNCs

21/07/2020

Tax planning by MNCs New OECD data sheds light on multinationals profit-shifting to cut taxes

New Sovereign Digital Currency

20/07/2020

China Business Environment: New sovereign digital currency to be launched in China China to test sovereign digital currency on ride hailing giant Didi

Hin Leong investigation case

03/07/2020

Development in Hin Leong investigation case: Firm allegedly engaged in selling and buying back non-existent cargo: PwC

Flexible work arrangements

02/07/2020

Flexible Work Arrangements are good for Singapore’s female workforce, and it levels the playing field for Singaporean female talents to arise. Forum: Flexible work arrangements can help narrow gender pay gap