The Inland Revenue Authority of Singapore (IRAS) updated its Country-by-Country Reporting guidance page on 5 March 2025. The update includes a revised list of jurisdictions with which CbC reports (CbCR) can be automatically exchanged. This

Singapore's Inland Revenue Authority issued Ruling Summary No. 2/2025 regarding the taxability of gains from feeder fund redemption on 3 March 2025. Advance Ruling Summary No. 2/2025 1. Subject: Whether: a. the gains derived by the company

The Inland Revenue Authority of Singapore (IRAS) has made updates to its Exchange Rate Search Function tool (XLSX) to assist taxpayers in preparing their tax computations for the 2024 year of assessment returns. A tax computation is a statement

The Inland Revenue Authority of Singapore (IRAS) has announced an update to its "Preparing a Tax Computation" webpage, introducing two new Basic Corporate Income Tax Calculators (BTCs) for taxpayers submitting Corporate Income Tax Returns for the

Brazil’s Chamber of Deputies approved the ratification of a protocol amending the 2018 income tax treaty with Singapore on 13 February 2025. Signed on 17 April 2023, this is the first update to the treaty. key changes include revisions to the

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