Is This The Start of A Caste System?
Came across this interesting article on how one's credit score could basically make or kill you in China. Would this go on to become a global phenomenon?
Can be quite scary, if you think about it.
Happy New Year!
Wishing all our clients and friends a very Happy and Wonderful New Year Ahead!
December 20th, 2017
Tax Treatment of Virtual Currencies in Singapore
While somewhat more forward thinking than accounting standard setters, IRAS has already come up with a circular on how virtual currencies will be taxed in Singapore.
Read more about it here.
As we ponder over how proceeds from an ICO should be accounted for, we know now that if it is treated as revenue, there's a possibility it will be taxed at the virtual currency exchange rate. No big surprises there .
With Bitcoin's exponential rise in market value, everybody including your cleaning auntie is asking how to put money in it. Of course, bitcoin isn't the only cryptocurrency around and you might be considering the other alternatives out there.
These questions, extracted from the US SEC's public statement, will help guide you into making a sound investment decision:
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Our New Location : Beach Centre
We are excited to be in our new office!
Our new location is :
15 Beach Road
#03-132 Beach Centre
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t: +65 6513 5871
t: +65 6513 5871