November 3rd this year, the IRAS (Inland Revenue Authority of Singapore) published an update of its guidelines as it pertains to related party transactions. Starting 2018, if the value of related party transactions in the audited accounts for the financial year exceeds a fairly low threshold of 15 million SGD, certain details of these related party transactions must be reported. Continue reading A Holistic view on Transfer Pricing – IRAS follows the Global Trend.
Singapore’s tax authority roll out new rules on transfer pricing reporting. Multinationals will have to invest in people and resources to ensure they are compliant. An interview with Ann Shi for the Corporate Treasurer Asia. Continue reading Singapore’s new rule on MNC transfer pricing ups reporting burden – In interview with The Corporate Treasurer – by Ann Shi.
A top issue on the minds of treasures today are the proposed Section 385 Regulations – hereafter proposed regulation. Initially proposed last April, the regulation is designed to curb inversions. Continue reading Effects of the proposed Section 385 Regulations.
Blockchain is one of the buzz words of 2016. By the financial industry, blockchain is seen as the future. It’s impact is compared to how internet has revolutionized the computer and global communications, like nothing before. In (originally not planned) part 5, a look at Corporate Treasury. Continue reading Blockchain and Corporate Treasury (5/4).
Blockchain is one of the buzz words of 2016. By the financial industry, blockchain is seen as the future. It’s impact is compared to how internet has revolutionized the computer and global communications, like nothing before. In part 4, a look at the impact on the financial sector. Continue reading Impact of blockchain on the financial sector (4/4).