Singapore’s Prime Minister and Finance Minister, Lawrence Wong, presented the 2025 budget on 18 February 2025 outlining various tax changes which include corporate income tax (CIT) rebate and incentives to drive investments. The key tax

The OECD published Survey of Ireland 2025 on 12 February 2025, warning Ireland’s heavy reliance on tax revenue from multinational companies and a narrow tax base could be risky. The survey also points out that one-third of income earners in

Kenya's Cabinet has approved a new income tax treaty with Singapore on 11 February 2025. Signed on 23 September 2024, this treaty replaces the 2018 version, which never took effect. The tax treaty aims to eliminate double taxation on income

The Inland Revenue Authority of Singapore (IRAS)  has published a statement outlining the advantages of pre-filled tax returns for employees, along with the associated compliance responsibilities for employers. This announcement was made by the

The Inland Revenue Authority of Singapore ( IRAS) has released a set of Frequently Asked Questions (FAQs) regarding the Spontaneous Exchange of Information on 1 January 2025.       Why did Singapore commit to the spontaneous exchange of

Irish Revenue has published eBrief No. 014/25 20 January 2024, providing updated guidance on the surcharge for certain undistributed income of close companies,  Tax and Duty Manual Part 13-02-05. Section 440 TCA 1997 provides for an additional