U.S. export controls and sanctions update and the implications of U.S.-China trade tensions on businesses in Asia

What businesses in Asia need to know in light of the recent export and sanctions developments and the US-China trade tensions

ITR World Tax promotes WTS Taxise to Tier 3 (Tax); retains its Transfer Pricing recognition and recognises WTS Taxise Partners as Highly Regarded Tax Leaders

31 Aug 2023, Singapore – WTS Taxise has once again been recognised by International Tax Review (ITR) World Tax in its 2024 edition as among the leading firms for International Tax and Transfer Pricing in Singapore.

WTS Taxise among Asian Legal Business’ 2023 Singapore Firms to Watch

14 Mar 2023, Singapore – Taxise Asia LLC (WTS Taxise) has been recognised as among Asian Legal Business’ (ALB) Singapore Firms to Watch in 2023.

WTS Taxise strengthens trade, compliance and transfer pricing practices with the arrival of senior consultants Karmi Leiman and Christine Schwarzl

11 September 2023, Singapore – WTS Taxise is pleased to welcome Karmi Leiman, international trade and compliance specialist, and Christine Schwarzl, transfer pricing specialist who have joined the firm as Consultants.

Singapore Budget 2023 – Building up our Capabilities and Competitiveness as a Nation

Budget 2023 was delivered by Deputy Prime Minister of Singapore and Minister for Finance, Mr. Lawrence Wong, to the Singapore Parliament on 14 February 2023.

Update on tax developments in Singapore

In relation to digital transactions and e-commerce, what are the latest tax developments in Singapore?

IRAS published comprehensive guidance on GST rate change

The Inland Revenue Authority of Singapore (IRAS) has recently published comprehensive guidance regarding the upcoming Goods and Services Tax (GST) rate change from 8% to 9%, which will take effect on 1 January 2024.

Pillar Two – Implementation Status Overview Worldwide

The country-specific information shown in the overview reflects the latest legislative updates, which we collect from our tax experts on a monthly basis. Last update: 30 May 2023 See the full article here.  

WTS Taxise bolsters Transfer Pricing practice with the addition of Adnan Begic as Senior TP Specialist

WTS Taxise has bolstered its Transfer Pricing (TP) practice through its cooperation with Adnan Begic as Senior TP Specialist & Consultant. Adnan’s expertise further builds on the growing TP offering of WTS Taxise and WTS Global in Asia Pacific.

Legal 500 Asia Pacific promotes WTS Taxise to Tier 2; Co-Founding Partners as Leading Tax Individuals

Taxise Asia LLC (WTS Taxise) has been promoted by Legal 500 Asia Pacific to Tier 2 from Tier 3 for Singapore Tax in its 2023 rankings. Co-Founders and Principals Eugene Lim and Irving Aw have also been ranked Leading Tax Individuals this year. Associate Principal and Transfer Pricing Leader Molvin Yiu, meanwhile, has been named …