The Competent Authority Agreements for CRS with Denmark, Estonia, Lithuania and New Zealand entered into force on 5 June 2017. June 7, 2017 "With the above, the respective jurisdictions will be regarded as “Reportable Jurisdictions”. SGFIs will have to transmit to IRAS the financial account information of accounts held by persons that are tax residents of the above Reportable Jurisdictions, with the first submission due by 31 May 2018. " IRAS
Sustainability Reporting (Part Four) June 2, 2017 "Non-financial information plays a pivotal role in decision-making among investors" ISCA
Updated versions of ‘ACRA issued guidance’ on Register of Controllers June 2, 2017 "ACRA has issued updated versions of the guidance to help companies and LLPs understand and comply with the requirements to set up Register of Controllers. For more information" ACRA
Writing-down allowances for intellectual property rights June 1, 2017 "To enhance Singapore’s attractiveness as an international intellectual property holding location, writing-down allowances are granted on capital expenditure incurred in acquiring intellectual property rights (IPRs) under Section 19B of the Income Tax Act." IRAS
ACRAConnect May 2017 May 30, 2017 "Bringing you News Bites on the latest corporate and audit regulatory developments" ACRA
Staying ahead of competition with innovation and an IP strategy May 27, 2017 "In today’s highly competitive business environment, innovation and an IP strategy are critical to business success. Find out how Wangi Industrial, a local glass-machining manufacturer adopted R&D and IP to bring its innovative products to market." SPRING Singapore
Registering a Business in Singapore - Different Types of Entities May 27, 2017 "Any activity which is carried out on a continual basis for the purpose of gain is required to be registered with ACRA. This video explains the different types of business entities that are available for registration" ACRA
Revised timeline for the release of the revised Research & Development e-tax guide May 26, 2017 "Deductibility of specific expenses such as registration costs for patents, trademarks, designs and plant varieties, reinstatement costs, renovation and refurbishment works expenditure, R&D expenses and retrenchment payments and outplacement support costs.More details on the safe harbour rule for R&D cost-sharing" IRAS
Accounting for Good May 26, 2017 "The seven articles were first published in the IS Chartered Accountant Journal and have been compiled into an electronic book, titled 'Accounting for Good'. This book may serve as a reference and resource to stakeholders in the Charity sector." ISCA
Cut-off Date for Submitting Case-by-Case Application for PIC Scheme May 24, 2017 "Cut-off Date for Submitting Case-by-Case Application Prior to Incurring the IT and Automation Equipment Expenditure for YA 2018" IRAS