EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
New reporting requirement for foreign income received in Singapore
This alert provides an overview of the new reporting requirement and our observations and comments.
The Inland Revenue Authority of Singapore recently updated new content on its website regarding the reporting of income received in Singapore from outside Singapore (foreign-sourced income). With effect from the Year of Assessment 2024, companies are required to provide certain information in their tax computations to facilitate the tracking of the movement of foreign-sourced income.