How much tax should I withhold?

What is withholding tax? Withholding tax must be paid to government authorities by the payee of the income. This means that the entity disbursing the funds has to pay the…

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Transfer Pricing Changes: Covid -19

Multi-National Corporations around the world are revisiting financial projects for the rest of 2020. Consequently, many companies are now revisiting related party pricing agreements that have long stood in place.…

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High Sea Sales: What are they?

What are High Sea Sales? A High Sea Sale transaction (also known as HSS), is a transaction carried out while the shipment is still somewhere out at sea. Such transactions…

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How to get Singapore HS Code ?

Singapore is a member of the World Customs Organization (WCO) and ASEAN. Hence, the HS code used for imports and exports is based on the 8-digit ASEAN Harmonised Tariff Nomenclature,…

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