Haven’t set up your 2FA?
- Details
- Category: Singapore News
If you log in by 15 Jan 2017
• A one-time grace period of 30 days will be given
• No disruption to online transactions
If you log in from 16 Jan 2017
• No grace period will be given
• Wait for 7-10 work days to set up 2FA before you can transact online
>> Save the hassle. Log in to your SingPass account & set up your 2FA today.
Singapore-Laos Avoidance of Double Taxation Agreement Enter Into Force
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- Category: Singapore News
The new Singapore-Lao People’s Democratic Republic Avoidance of Double Taxation Agreement (DTA) entered into force on 11 November 2016.
The DTA provides clarity on tax matters and eliminates double taxation relating to cross-border transactions between the two countries.
The full text of the DTA is available HERE.
Source: MOF
Introducing CorpPass
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- Category: Singapore News
What is CorpPass?
SingaporeCorporateAccess (CorpPass) is a single corporate digital identity for businesses and other entities (e.g. non-profit organisations and associations) to transact online with Government agencies.
Owned by the Ministry of Finance and managed by Government Technology Agency (GovTech), CorpPass marks the first time that the Government is rolling out a single corporate digital identity. This creates opportunities for even more services and transactions to be provided online conveniently and securely.
Click HERE to find out if your entity is eligible or click HERE for the list of e-Services / digital services.
Haven’t set up your 2FA?
- Details
- Category: Singapore News
If you log in by 15 Jan 2017
• A one-time grace period of 30 days will be given
• No disruption to online transactions
If you log in from 16 Jan 2017
• No grace period will be given
• Wait for 7-10 work days to set up 2FA before you can transact online
>> Save the hassle. Log in to your SingPass account & set up your 2FA today.
Singapore and the United Kingdom Sign Agreement for AEOI
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- Category: Singapore News
The Inland Revenue Authority of Singapore ("IRAS") and Her Majesty’s Revenue and Customs ("HMRC") signed a Competent Authority Agreement ("Agreement") on the automatic exchange of financial account information ("AEOI") based on the Common Reporting Standard ("CRS") on 16 Sep 2016.
The CRS is an internationally agreed standard for AEOI, endorsed by OECD and Global Forum for Transparency and Exchange of Information for Tax Purposes ("GF"). More than 100 jurisdictions have endorsed the CRS and will commence AEOI in either 2017 or 2018.
