Impact Of Recent Transfer Pricing Adjustments On GST

Businesses have long made adjustments to their transfer pricing strategies as a way to stay compliant with the arm’s length principle for the purpose of income tax. However, it is important to note that adjustments on transfer pricing could also have implications on...

A Useful Guide To Getting Ready For The GST Rate Hike

As early as 2018, there were already plans to increase the Goods and Services Tax (GST) rate in Singapore. Finally, in the 2022 Budget Statement given by the Minister of Finance Mr. Lawrence Wong, one of the key points that was highlighted was the two-step hike in the...