Turkey: A Communiqué about tax procedure law issued

09 February, 2017

The General Communiqué No. 477 about tax procedure law was published in official gazette and entered into force  on 8th February 2017. This gives foreign currency exchange rates (Turkish lira (TRY)) that will be applied for the valuation of

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Singapore: New guidance on GST and income tax treatment of virtual currencies

24 February, 2014

The Inland Revenue Authority of Singapore (IRAS) has published guidance on GST and income tax treatment for virtual currencies. For GST purposes, virtual currencies will be treated as a supply of services, which does not qualify for GST

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