07/30/2021

Updates to the Singapore-Indonesia Tax Treaty

The updated Singapore–Indonesia DTA that was signed by the respective representatives of Singapore and Indonesia on 4 February 2020 has been ratified by Indonesia on 11 May 2021 and entered into force on 23 July 2021 in Singapore.

07/07/2021

Tax agency launches probes into offshore tax evasion

The agency said it is looking into people who opened secret offshore accounts to conceal illegally earned money, and companies which evaded taxes by using fintech and other online trading platforms.