12 January 2015
On 6 January 2015, the Inland Revenue Authority of Singapore (IRAS) released revised Transfer Pricing Guidelines (Guidelines), an update to those first published in February 2006.
5 June 2014
The aim of the Fair Consideration Framework is to encourage business in Singapore to consider Singaporeans for professional, managerial and executive (PME) jobs fairly, and the requirement to advertise such positions will become mandatory from the 1 August 2014.
By Rekha Husbands, Manager, PwC International Assignment Services (Singapore) Pte Ltd
3 April 2014
The Singapore Budget this year introduced some tax changes that will potentially benefit investors in Singapore unit trusts.
1 February 2013
While the global economic outlook continues to be uncertain, many analysts agree that most of Asia should enjoy relatively higher growth in 2013. Given the strong investment interest, the asset management industry in the region is poised for further growth in the coming years.
10 January 2013
Our wishlist for the 2013 Budget is focussed on addressing the issues of the need for access to financing, increasing productivity and innovation and local companies expanding overseas.
17 October 2012
In his National Day Rally speech on Aug 26, Prime Minister Lee Hsien Loong spoke about the need for taxes to rise “sooner or later” with social spending expected to increase significantly. While he did not say which particular tax he thinks would go up, a look at the tax collection trend here over the last decade may give us a clue.
By Koh Soo How, Tax Partner, PwC Services LLP
10 September 2012
Most of the outcry over the Foreign Account Tax Compliance Act (FATCA), the United States’ extraterritorial anti-tax evasion law, has been from the financial services sector. And this stands to reason: FATCA will greatly impact banks and other financial institutions.
By Michael Brevetta, Associate Director and Jessie Chew, Senior Associate, PwC Services LLP
7 September 2012
The family office concept is not widely known in Asia but is gaining in popularity among those with significant assets as its advantages become more widely known. Indeed, regarded as Asia's premier wealth management centre, Singapore is the jurisdiction of choice for many looking to establish their family office.
By Anuj Kagalwala, Tax Partner and Amit Hindocha, Senior Manager, PwC Services LLP
30 July 2012
There is a lot going on in the corporate tax world at the moment, both domestically (almost wherever you are) and internationally.
By Gavin Helmer, Tax Partner, PwC Services LLP
27 July 2012
Why are insurers excluded from the “certainty of non-taxation” rule?
By Yip Yoke Har, Tax Partner and Janine Kwan, Tax Manager at PwC Services LLP
17 July 2012
Talk to anyone about research and development (R&D) and you can’t help but conjure up images of scientists in white lab coats conducting experiments in laboratories, or IT-savvy geeks tinkering away in their bedrooms trying to develop the latest app.
By Elaine Ng, Tax Partner and Amit Hindocha, Senior Manager at PwC Services LLP
HK-Jakarta double taxation treaty shows many cities are narrowing gap with the Republic
By Lim Hwee Seng, Tax Partner at PwC Services LLP
11 July 2012
After setting up a Representative Office, a foreign company has 3 years to decide if it wants a permanent presence here.
By David Ong, Tax Director and Ailbhe Horgan, Senior Manager at PwC Services LLP, Company Fiduciary & Administration Services