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TGF and CTRM – What You Need To Know and How We Can Help

On 17 February 2022, the Inland Revenue Authority of Singapore (IRAS) launched two new initiatives: Tax Governance Framework and Tax Risk Management and Control Framework for Corporate Income Tax.

These initiatives, together with other existing tax governance schemes such as the Goods and Services Tax Assisted Compliance Assurance Programme, help to promote the adoption of good tax governance principles and practices for companies to establish a strong tax governance framework.

Companies may take advantage of these initiatives to identify, mitigate and monitor key tax risks and take steps to integrate tax as part of the organisation’s corporate governance.

Topics in this Pulse

Pulse, 2022, Tax

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