Insights

To help clients navigate your way through tax, here are common issues to take note of for GST

To help clients navigate your way through tax, here are common issues to take note of for transfer pricing!

This international indirect tax guide provides an overview of tax systems in key countries and how you can get further support from Grant Thornton member firms.

To help clients navigate your way through tax, here are common issues to take note of for your corporate tax year-end filing!

International taxation is undergoing the biggest shake-up for a generation. The already complex world of transfer pricing is at the front and centre of these disruptive changes, both in the rules that govern it and in the heightened scrutiny it now faces.

The global mobility environment is changing rapidly. Businesses and their employees working internationally are faced with a complex web of regulations and laws.

Nobody thought that complying with the Base Erosion and Profit Shifting (BEPS) transfer pricing analysis and documentation demands would be easy.

Significant changes to Singapore’s Goods and Services Tax (‘‘GST’’) system were announced by Finance Minister Heng in the recent 2018 Budget.

The Inland Revenue Authority of Singapore (“IRAS”) released its 5th edition Transfer Pricing Guidelines (“TPG”) on 23 February 2018. The revised TPG provides guidance on the implementation of the transfer pricing (“TP”) related amendments made to the Income Tax Act (“ITA”) on 26 October 2017.

Singapore Budget 2018

Automating and optimising your supply chain can help save money and facilitate growth. So could it work for your business?

While we may not have sight of what our future relationship with the EU will look like, Grant Thornton has developed Brexit Indirect Tax Impact Analysis, to help you to understand the possible Customs Duty and VAT costs posed to your business by various Brexit scenarios.

Tax affairs used to be a largely private matter between company and tax authority, with very little public disclosure beyond what was available in the report and accounts. Today, the veil of confidentiality is being stripped away.

A recent case involving a Singapore investment bank serves as a reminder of the complexity of tax planning on cross-border transactions and interpretation of tax treaties by local tax authorities.

New technology can free up tax professionals to take on a strategically influential role and generate the analytical insights and real-time information to support this. So how can a tax function take advantage of the changes ahead?

The structure of the VAT rates in China have been simplified into three brackets.