Examples of Inland Revenue Authority of Singapore in a sentence
In Singapore, the Income Tax (International Tax Compliance Agreements) (Common Reporting Standard) Regulations 2016 require financial institutions such as us to conduct due diligence (including the collection, review and retention of financial account information) and report financial account information relating to specified persons from jurisdictions with which Singapore has a “competent authority agreement” (“CAA”) to the Inland Revenue Authority of Singapore (IRAS).
Pursuant to the IGA entered into between Singapore and the U.S. on 9 December 2014, Singapore-based financial institutions (such as us) will report information on financial accounts held by U.S. Taxpayers to the Inland Revenue Authority of Singapore (IRAS), which will in turn provide the information to the U.S. tax authorities.
The Inland Revenue Authority of Singapore has issued a circular entitled “Income Tax Implications Arising from the Adoption of FRS 39 - Financial Instruments: Recognition and Measurement” (the “FRS 39 Circular”).
We will be required to report and share information regarding you and your accounts with the Inland Revenue Authority of Singapore who may, in turn, share this information with tax authorities in other jurisdictions.
Mae hwn yn rhan bwysig o’r broses a dylid sicrhau bod tystiolaeth i gefnogi unrhyw benderfyniad a gymerir.
The financial statements of the Authority have been prepared in accordance with the provisions of the Inland Revenue Authority of Singapore Act (Cap.
Capital gains distributionThe distribution is made out of gains arising from sale of investment properties from prior years that have been confirmed by the Inland Revenue Authority of Singapore as capital gains.
The Inland Revenue Authority of Singapore has also issued a circular entitled “Income Tax Implications Arising from the Adoption of FRS 39 - Financial Instruments: Recognition and Measurement”.
Pursuant to the IGA, Singapore-based financial institutions (such as us) will report information on Financial Accounts held by SpecifiedU.S. Persons to the Inland Revenue Authority of Singapore ("IRAS"), which will in turn provide the information to IRS.
The Inland Revenue Authority of Singapore (the Authority) was established under the Inland Revenue Authority of Singapore Act (Cap.