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Singapore Issues Release on New Frameworks to Strengthen Corporate Governance

22 March 2022

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Approved Changes

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Singapore

The Inland Revenue Authority of Singapore (IRAS) has issued a release on two new tax frameworks to strengthen corporate governance. As previously reported, these include the Tax Governance Framework (TGF) and the Tax Risk Management and Control Framework for Corporate Income Tax (CTRM). --- Companies to Strengthen Corporate Governance with Two New Tax Frameworks IRAS collaborated and co-designed new frameworks with stakeholders The Inland Revenue Authority of Singapore (IRAS) rolled out two new tax frameworks, the Tax Governance Framework (TGF) and the Tax Risk Management and Control Framework for Corporate Income Tax (CTRM), to help companies strengthen tax compliance. The...