Insights

Articles exploring Tax issues to help you gain trust and stay ahead, enabling you to manage your tax transparently and ethically.

In the spirit of the season, we thought we’d make our own list of 8 traits gleaned from the Association of Certified Fraud Examiners (ACFE) Report to the Nations that will help you determine who makes it onto Santa’s naughty list, with a few #hashtags thrown in for good fun.

Our head of Tax, David Sandison and Financial Reporting Advisory leader Chetah Hans, will be trying to help businesses decode the fundamental issues around accounting for, and the taxation of, transactions in digital tokens, more commonly referred to as “cryptos".

Borrowers need to determine the impact of any changes to debt arrangements and then apply the guidance set out in IFRS 9 ‘Financial Instruments’ to determine whether the change is a modification (as

The webinar will cover remote/distance selling rules across the UK, EU, Australia, Singapore and the US, including: • selling into the UK post-Brexit and new registration requirements for non-UK suppliers of low value goods • the upcoming “One-Stop-Shop” to streamline VAT compliance in the European Union – including the removal of import and distance selling thresholds • the US state tax registration requirements post the “Wayfair” decision and the general economic thresholds • specific indirect tax regimes in APAC including the latest GST requirements for selling into Australia and Singapore

In this session, we will share a checklist of items to consider covering the areas listed below: Corporate tax GST Transfer Pricing Employees

Under this scheme, employers submit the employment income information of their employees to IRAS electronically.

The preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) is challenging. Each year, new Standards and amendments are published by the International Accounting Standards Board (IASB) with the potential to significantly impact the presentation of a complete set of financial statements.

Employees are the fuel of any organisation, they need to function at their best to enhance future performance.

Corporate frauds & failures in 2020

In this session, we will discuss • Types of payments that are subject to withholding tax in Singapore. • The withholding tax mechanism • Interaction of double tax agreements with the domestic withholding tax rules • Common pitfalls

Granting lease incentives is a common way to encourage a new lessee to sign up to a new lease contract and fill vacant premises. Lease incentives may take various forms depending on the negotiation between the lessee and the lessor.

This article analyses some of accounting considerations that companies need to keep in perspective to avoid potentially undesirable and unforeseen effects on financial statements.

When the global COVID-19 pandemic stormed across the globe in early 2020, the private equity sector was hit hard but deals are coming back to the market.

Our tax manager Jeremy O'Neill led a session on GST issues related to cross border services

The IRAS recently issued a set of guidelines that enable tax-payers flexibility in defending their transfer pricing arrangements where their business operations / financial positions have been impacted by Covid-19.