2 July 2012
On 29 June 2012, the Inland Revenue Authority of Singapore (IRAS) had issued various e-Tax Guides which have either been re-written or consolidated from past Guides to make it more user-friendly. The titles of these re-written e-Tax Guides are as follows:
- Securities Lending and Repurchase Arrangements
- Tax Treatment of Employee Share Options and Other Forms of Employee Share Ownership Plans
- Utilising Unabsorbed Capital Allowances, Trade Losses and Donations
- Filing of Income Tax Computations in Functional Currencies other than Singapore dollars
- Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses
- Deductibility of “Keyman “ Insurance Premiums
- Income Tax Treatment of Limited Liability Partnerships (LLPs)
- One Year Write-Off for New Diesel-Driven Goods Vehicles and Buses
- Ascertainment of Income from Business of Making Investment
- Group Relief System
- Tax Exemption for Foreign-Sourced Income
More details can be found on the IRAS website.
Source: IRAS