What Is Earnings Before Interest And Tax?
Earnings before interest and tax (EBIT) is a common measure of profitability in a given accounting period. It is the measure of an entity's net income in a given accounting…
20 frequently asked questions about HS Codes
1. Is the use of HS codes international? HS codes are used almost globally to identify goods that are imported and exported from countries. All countries that are members of…
How much tax should I withhold?
What is withholding tax? Withholding tax must be paid to government authorities by the payee of the income. This means that the entity disbursing the funds has to pay the…
Transfer Pricing Changes: Covid -19
Multi-National Corporations around the world are revisiting financial projects for the rest of 2020. Consequently, many companies are now revisiting related party pricing agreements that have long stood in place.…
High Sea Sales: What are they?
What are High Sea Sales? A High Sea Sale transaction (also known as HSS), is a transaction carried out while the shipment is still somewhere out at sea. Such transactions…
How to get Singapore HS Code ?
Singapore is a member of the World Customs Organization (WCO) and ASEAN. Hence, the HS code used for imports and exports is based on the 8-digit ASEAN Harmonised Tariff Nomenclature,…
