Cross-Border Synergy: Exploring the Johor-Singapore Special Economic Zone (JS-SEZ) Initiative

In today’s dynamic economic landscape, companies are increasingly seeking opportunities to leverage strategic advantages for regional expansion and market improvement. The Johor-Singapore Special Economic Zone (JS-SEZ) presents a unique opportunity for businesses to capitalize on Singapore’s esteemed position in global and regional markets, fostering growth and expansion. To maximize the potential of venturing into this […]

Analysis of the Impact of Tarrifs on Pillar 2 中资客户全球投资与税务战略 – 关税对支柱二的影响分析

关税新政策下的税务启示：关税对 BEPS 2.0、GloBE 和 Covered Tax(受覆盖税)的影响分析 近期，美国政府在全球范围内实施了一系列新的关税政策，旨在调整贸易关系并减少贸易逆差，引发新一轮中美贸易摩擦。在关税已成为地缘博弈“武器化”的当下，国际税收体系，尤其是 BEPS 2.0 支柱二(Pillar Two）全球最低税（GloBE）规则，将如何应对这一变化？企业又应如何评估和优化全球税收负担？   一、关税不是 Covered Tax，不能提升有效税率（ETR） Covered Tax 是支柱二规则下，用于全球最低税计算的税收项目。它包括企业的当前所得税和递延所得税，同时需要排除特定项目或计入补充项目，以确保全球税收的公平性和一致性。 根据 OECD 发布的 Pillar Two 模型规则及《Administrative Guidance》： “Only taxes on income or profits, including taxes in lieu of income taxes, qualify as Covered Taxes. Customs duties, excise taxes, VAT, etc., do not qualify.” — OECD GloBE Model […]

CLA Global TS Annual Tax Circular 2025

1. Estimated Chargeable Income (“ECI”) According to Section 63(1) of the Singapore Income Tax Act (“SITA”), every person (including a company) not being an individual or a Hindu joint family who has not filed a tax return for any year of assessment (“YA”), is required to furnish an estimate of his chargeable income and revenue […]

CLA Global TS Leadership Conferred as an Industry Fellow by Global Fintech Institute

CLA Global TS Group CEO & Chief Innovation Officer, Mr. Henry Tan, with Global Fintech Institute (GFI) Industry Fellows, along with representatives from the GFI and Guest of Honour, Mr. Seah Kian Peng, Speaker of the Parliament of Singapore. Singapore, 24 March 2025 – CLA Global TS proudly announces the conferment of its Group CEO […]

Valuing Intellectual Property Rights for Purposes of Claiming Writing-down Allowances

Overview of the Scheme for Writing-Down Allowances To enhance Singapore’s attractiveness as a location for businesses to hold and commercialise IPRs, companies can claim writing-down allowances (WDA) on capital expenditure incurred on or after 1 November 2023 to acquire qualifying intellectual property rights (IPRs) for use in their trade or business. The WDA scheme is […]

Johor-Singapore Special Economic Zone (JS-SEZ): Why Early Tax Planning Matters

Johor-Singapore Special Economic Zone (JS-SEZ): Why Early Tax Planning Matters With the Johor-Singapore Special Economic Zone (JS-SEZ) action plan expected to be finalised by Q3 2025, businesses that start planning now will be better positioned to optimise tax efficiencies, improve cash flow, and enhance operational flexibility. The SEZ is set to introduce a 5% corporate […]

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