The Inland Revenue Authority of Singapore (IRAS) issued a draft e-Tax Guide titled “GST: Digital Payment Tokens” on 5th July 2019 (hereafter referred to as “draft tax guide”) to update its stance regarding the treatment of digital payment tokens under the Goods and Services Tax (GST) Act.
Source: crowe.com
Latest Posts in "Singapore"
- Singapore Mandates GST InvoiceNow E-Invoicing for All Businesses by April 2031: Key Dates and Grants
- Singapore E-Invoicing: InvoiceNow, Peppol, and GST Compliance Timeline for Businesses and SAP Users
- Singapore Mandates GST InvoiceNow E-Invoicing for All Registered Businesses by 2031
- Singapore Mandates InvoiceNow E-Invoicing for All GST-Registered Businesses by 2031
- Singapore Sets Phased Timeline for Mandatory E-Invoicing for All GST Businesses by 2031
