Singapore: FATCA guidance for financial institutions

Singapore: FATCA guidance for financial institutions

The Inland Revenue Authority of Singapore (IRAS) on 11 February 2016, announced that reporting Singapore financial institutions need not provide their contact information to the IRAS, as this information can be obtained from the FATCA report.

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The IRAS also on 11 February 2016, issued a reminder to reporting Singapore financial institutions to obtain the required self-certification or other documentation for new accounts that were established under the alternative procedures by 17 March 2016. 

 

Read a February 2016 report [PDF 63 KB] prepared by the KPMG member firm in Singapore

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