The Inland Revenue Authority of Singapore (IRAS) has published an updated e-Tax Guide, Filing of Income Tax Computations in Functional Currencies other than Singapore Dollars (Second Edition), which explains the rules for filing income tax computations in non-SGD currencies and applies to businesses that prepare their financial statements in non-SGD functional currencies. The latest guide replaces the first edition issued in 2012 and includes various updates and editorial changes, as well as…