Korea (Rep.), Singapore Competent authority agreement on automatic exchange of information enters into force

Singapore's Inland Revenue Authority (IRAS) has updated its guidance on the GST InvoiceNow Requirement, providing clearer implementation details and expanded support measures as the country moves towards mandatory e-invoicing for all GST-registered

Taiwan’s National Taxation Bureau of the Central Area, Ministry of Finance ( NTBCA) stated, on 5 June 2026, that the renewed “Agreement between the Taipei Representative Office in Singapore and the Singapore Trade Office in Taipei for the

The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 8/2026 on 2 Jun 2026, clarifying the application of Section 10L of the Income Tax Act 1947 in determining whether a company qualifies as an excluded incentive entity

The EU and Korea (Rep.) signed a Digital Trade Agreement (DTA) during the EU-Korea (Rep.) Summit held in Brussels on 10 June 2026. This DTA demonstrates the shared commitment to promote open, transparent, and rules-based trade. It is also in line

The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on Business Expenses, introducing new clarification on the tax treatment of payments for related party services. The update confirms that such payments may be deducted for tax

The Inland Revenue Authority of Singapore has announced that an income tax treaty with Tanzania was signed on 9 June 2026. The income tax treaty clarifies the taxing rights of both countries on income arising from cross-border business