Insights

David Sandison, Grant Thornton Singapore's Head of Tax, examines the influence of real estate on the economy and explores ways to bring in additional tax revenues and provide price stability.

This webinar will help you understand transfer pricing concepts introduced by the IRAS whilst also explaining its impact from corporate tax, personal income tax and GST perspectives.

The Inland Revenue Authority of Singapore has updated its circular “Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses (Fourth Edition)” on 31 March 2021. The March 2021 update has added a definition of translation differences and a new annex on frequently asked questions about the designated bank account for designated revenue purposes and the application of the de-minimis limit.

Munjal Almoula of Grant Thornton Singapore discusses the evolving approach of tax authorities worldwide to transfer pricing policies and audits, and considers the potential implications for the Singapore transfer pricing regime.

This webinar is a refresher and update on the tax aspects of M&A from the purchaser’s point of view, from the due diligence process through to post-deal restructuring issues that may be necessary to absorb the new acquisition.

This newsletter includes recent changes to SFRS that were issued by ASC in 2020. This publication provides an overview of upcoming changes, explaining the relevant amendments together with effective dates.

The IRAS has recently issued the e-Tax Guide - Transfer Pricing Guidelines Special Topic on Centralised Activities in Multinational Enterprise Groups (MNE). The guide published on 19 March focuses on analysing the importance of the centralised activities in Singapore and providing guidance on how to analyse these activities.

As a result of the many budgets in 2020, many stabilising measures deemed necessary to keep the country on its feet and help it find its way through the pandemic have already been announced and implemented.

For 17 years, Grant Thornton has been tracking the global progress of women in senior management. In the last 12 months, unprecedented events have had an unforeseen and unparalleled impact on that progress.

Management, with the oversight of those charged with governance, is responsible for the preparation of the financial statements.

2020 was the sort of year that few expected, and no one wanted. As we face a second year living with the effects of COVID-19, how do Financial Services companies view the immediate future and what plans do they have to move forward?

Following the announcement of Budget 2021 webinar, our experts discuss the outcomes and tax changes announced in this year’s Budget and look beyond Budget 2021.

Finance Minister, Mr Heng Swee Keat, delivered the Singapore Budget 2021 earlier today. We have produced a summary of the key tax takeaways to help you understand the changes that were announced and how they affect both you and your business.

Over the last five years in Singapore, there has been a continuation of a global shift towards protectionist immigration policy. Although this shift is not new, it seems to have gathered pace.

Over the last five years in Singapore, there has been a continuation of a global shift towards protectionist immigration policy. Although this shift is not new, it seems to have gathered pace.

There are several accounting considerations the COVID-19 pandemic has triggered in relation to IFRS 9. In our view one of the most significant is in relation to hedge accounting and highly probable cash flows.