157 articles available

Webinar

Webinar: Asian supply chain disruptions and transfer pricing trends

With “working from anywhere” becoming more commonplace, this two-part webinar series breaks down potential corporate and personal tax risks. From permanent establishments to where your employees need to pay tax, find out how you can mitigate the risk or limit their impact.

Tax

The OECD's detailed implementation plan and what it may mean for Singapore

The OECD/G20 Inclusive Framework announced more details in the implementation of the two-pillar solution to address the tax challenges arising from the digitalisation of the economy. In this article, we explain what's been agreed to as part of the implementation plan and how each pillar may impact Singapore.

4 min read |
Interview

The Global Minimum Corporate Tax and What It Means for Singapore

In the OECD’s latest announcement, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting has released more details on the implementation of the two-pillar solution to address tax challenges arising from the digitalisation of the economy. The Two-Pillar Solution is aimed at ensuring multinational enterprises (MNEs) will be subject to a minimum tax rate of 15%, and will re-allocate profit of the largest and most profitable MNEs to countries worldwide.

1 min read |
Tax

Updates to the Avoidance of Double Tax Agreement between Singapore and Indonesia

In this piece, we highlight the new articles introduced in the updated Avoidance of the Double Tax Agreement (DTA) between Singapore and Indonesia. These updates will be effective from 1 January 2022.

5 min read |
Indirect Tax

Extension of the GST regime - taxing remote services

This update focuses on GST on services provided remotely and the resulting compliance obligations and GST treatment. This is part of the extension of the Singapore regime for Goods and Services Tax and will take effect from 1 January 2023.

| 7 min read |
Transfer Pricing

Singapore Transfer Pricing Regulations—Winds of Change

New transfer pricing guidelines have been published in Singapore, consolidating earlier guidance. Munjal Almoula of Grant Thornton Singapore looks at the amendments and updates, including a significant change which seems to indicate an increased focus by the Inland Revenue Authority on transfer pricing issues.

6 min read |
Indirect Tax

Extension of the GST regime – taxing low value goods

This update focuses on GST on low value goods and the resulting compliance obligations and GST treatment. This is part of the extension of the Singapore regime for Goods and Services Tax and will take effect from 1 January 2023.

| 7 min read |
Transfer Pricing

Update on IRAS e-Tax Guide Transfer Pricing Guidelines (Sixth Edition)

On 10 August 2021, the Inland Revenue Authority of Singapore released an update to its transfer pricing e-Tax Guide. In this piece, we highlight significant changes in the updated guide and how it impacts your business.

| 6 min read |
Indirect Tax

Update on GST treatment for supply of media sales

The Inland Revenue Authority of Singapore (IRAS) has underlined how the GST treatment of media sales will change with effect from 1 January 2022. The changes are outlined in the e-Tax guide published on 11 June 2021, 'GST: Guide for Advertising Industry (Third Edition)'.

| 4 min read |
Webinar

Webinar: Working internationally – are there any tax pitfalls?

With “working from anywhere” becoming more commonplace, this two-part webinar series breaks down potential corporate and personal tax risks. From permanent establishments to where your employees need to pay tax, find out how you can mitigate the risk or limit their impact.

Tax

OECD's two-pillar solution to address tax challenges arising from digitalisation of the economy

Find out more about the OECD’s statement on a two-pillar solution to address tax challenges arising from digitalisation of the economy

6 min read |
Tax

Tax facts 2021

A handy guide of Singapore Tax facts, to keep you up to date of the tax rates and conditions.

7 min read |

18 Feb 2025

Reactionary comments on the Singapore Budget 2025 from Grant Thornton

Off the back of the Singapore Budget announcement by Finance Minister and Prime Minister Mr Lawrence Wong on 18 February 2025, experts from Grant Thornton Singapore share their thoughts.

    Contact us for more information

    Adrian Sham

    Partner - Employer Solutions and Private Clients

    Eng Min Lor

    Partner - Corporate Tax

    Alex Yam

    Transfer Pricing Leader

    Jeremy O’Neill

    Indirect Tax Leader