7 October 2020
With the recent update of the e-Tax Guide Income Tax Treatment of Foreign Exchange Gains or Losses for Businesses (Third Edition) on 17 August 2020, Inland Revenue Authority of Singapore (“IRAS”) introduced a new de-minimis limit for Designated Bank...
17 September 2020
There are many ready resources available to help NPOs improve transparency and accountability.  One of the ready tools available is the Visibility Guide.  
16 September 2020
The COVID-19 pandemic has caused severe disruption to the global economy with its effects yet to be fully felt in various business sectors. Whilst assessing the impact, the Singapore Government has announced a series of COVID-19 relief measures over...
9 September 2020
As we shift to recovery gear, the reopening phase brings hope and opportunities to the business community. Jointly organised by RSM and the Bank of Singapore, “The Business Resilience & Equity Investment Opportunities” webinar (held on 25 Aug...
1 September 2020
The Inland Revenue Authority of Singapore (“IRAS”) issued an e-Tax Guide on 28 August 2020 to explain the tax framework for a Variable Capital Company (“VCC”).
18 August 2020
The Deputy Prime Minister and Minister for Finance, Mr Heng Swee Keat, gave a Ministerial Statement on 17 August 2020 announcing an extension of the existing measures to continue the support for businesses and workers. This is a timely announcement...
22 July 2020
While the overall business sentiment may be muted amidst the global economic downturn caused by the COVID-19 pandemic, the ASEAN economy continues to see potential growth. The continuously tense US-China trade relations have led some US firms to...
16 July 2020
Foreign retailers must adhere to strict government requirements and employment regulations (in particular) to operate in China. Compliance with these requirements and regulations can be quite complicated especially if you have multiple stores, which...
13 July 2020
Deferred Payment of Income Tax for Small, Low-profit Enterprises and Individual Business
8 July 2020
While technological innovations make business processes and the delivery of goods and services much quicker and more efficient, they also come with serious considerations on privacy and security issues.