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On 1 September 1992, the Inland Revenue Authority of Singapore (IRAS) was established by legislation as a statutory board [3] under the Ministry of Finance. With this conversion, IRAS was incorporated by the Inland Revenue Authority of Singapore Act to take over the functions previously performed by the Inland Revenue Department.
Individual income tax. Individual income tax in Singapore is payable on an annual basis, it is currently based on the progressive tax system (for local residents and tax residents), with taxes ranging from 0% to 22% since Year of Assessment 2017. The Year of Assessment (YA) is based on the calendar year commencing 1 January to 31 December, and ...
IRAS warns recipients against providing their personal details in response to a scam email about income tax returns.
An Act to impose a tax upon incomes and to regulate the collection thereof. Status: In force. The Income Tax Act 1947 (ITA) is an Act of the Singaporean Parliament to impose a tax upon incomes and to regulate the collection thereof. It was commenced together with the formation of the Inland Revenue Authority of Singapore .
The Inland Revenue Authority of Singapore (IRAS) cautioned the public against WhatsApp calls impersonating the authority, its third such advisory in less than a week. What should you do?
The Customs of Singapore is assisting on behalf of the Inland Revenue Authority of Singapore (IRAS) to administer the GST endorsement for the Tourist Refund Scheme (TRS) at Changi Airport Terminals 1-4. History. The Customs Department was founded when Singapore was the British Empire's Straits Settlements and later Crown Colony. Established in ...
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Purchases of Singapore property or shares traded on the Singapore Exchange, are subject to stamp duty. The Inland Revenue Authority of Singapore (IRAS) mandates stamp duty payment within 14 days from signing of the document if done in Singapore and 30 days if the document is signed overseas. Failure in payment within the fixed time entails ...