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.
Our head of Tax, David Sandison and Financial Reporting Advisory leader Chetah Hans, will be trying to help businesses decode the fundamental issues around accounting for, and the taxation of, transactions in digital tokens, more commonly referred to as “cryptos".
The webinar will cover remote/distance selling rules across the UK, EU, Australia, Singapore and the US, including: • selling into the UK post-Brexit and new registration requirements for non-UK suppliers of low value goods • the upcoming “One-Stop-Shop” to streamline VAT compliance in the European Union – including the removal of import and distance selling thresholds • the US state tax registration requirements post the “Wayfair” decision and the general economic thresholds • specific indirect tax regimes in APAC including the latest GST requirements for selling into Australia and Singapore
Our tax manager Jeremy O'Neill led a session on GST issues related to cross border services
Due to the impact of COVID-19, businesses have had to incur additional costs to adjust to new work requirements and facilitate remote working. Recently, the Inland Revenue Authority of Singapore (“IRAS”) clarified the rules on the claiming of input tax in respect of certain COVID-19 related costs.
Our tax manager Jeremy O'Neill led a session on GST issues related to cross border services
Is your business substantially involved with the import of goods into Singapore? Are you unnecessarily paying import GST and having to wait to file your GST return before you claim input tax credit for the import GST paid to Singapore Customs?
Whilst Deputy Prime Minister and Finance Minister Heng announced an estimate of nearly $60bn worth of welcome measures to support the economy through the Covid-19 pandemic in the “Resilience” and “Solidarity” budgets, many businesses will still be seeking further ways to reduce costs and improve their overall cashflow position.
Is your business substantially involved with the import and export of goods? Are you unnecessarily paying import GST and having to wait to file your GST return before you claim input tax credit for the import GST paid to Singapore Customs?
With digital tax gaining momentum in many jurisdictions, it came as little surprise when the overseas vendor registration (OVR) regime was announced in Singapore’s 2018 budget.
Is your business ready for the GST changes that will be introduced in Singapore from 1 January 2020?
This international indirect tax guide provides an overview of tax systems in key countries and how you can get further support from Grant Thornton member firms.
Significant changes to Singapore’s Goods and Services Tax (‘‘GST’’) system were announced by Finance Minister Heng in the recent 2018 Budget.
While we may not have sight of what our future relationship with the EU will look like, Grant Thornton has developed Brexit Indirect Tax Impact Analysis, to help you to understand the possible Customs Duty and VAT costs posed to your business by various Brexit scenarios.