Singapore introduces income tax reform Act 2022

10 November, 2022

On 4 November 2022, Singapore’s official Gazette published the income tax (Amendment) Act 2022. The Act includes the following measures:

Extension of withholding tax exemption to 31 March 2023 from 31 March 2022 for foreign mediators and arbitrators.
Extension of tax incentives for aircraft leases from 31 December 2022 to 31 December 2027.
Extension of tax incentives for project and infrastructure loans from 31 December 2022 to 31 December 2025.

August 18, 2026

Singapore will implement the OECD Crypto-Asset Reporting Framework (CARF) from 1 January 2027, requiring in-scope

August 13, 2026

Officials from Bangladesh and Singapore have called for the early conclusion of the proposed bilateral Free Trade

August 11, 2026

Singapore’s Inland Revenue Authority of Singapore (IRAS) has updated its guidance on the GST treatment of property

August 07, 2026

The Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide GST: Major Exporter Scheme (Eighteenth

July 28, 2026

The Inland Revenue Authority of Singapore (IRAS) has revised its guidance on Applying for a Certificate of Residence/

July 23, 2026

The Inland Revenue Authority of Singapore (IRAS) has updated its Getting Companies to Comply guidance, adding the