IRAS Reporting

Proprietary format	Content	Reference
Inland Revenue Authority of Singapore (IRAS) Audit File	IAFSchemav.1.0.0.xsd	1.0.0

Singapore has a requirement to submit the IRAS Audit File in electronic format to the Singapore Tax Authority. This is based on the OECD Standard Audit File for Tax, but is simpler. Companies are required to publish their main master data (suppliers, customers, accounts, and taxes) along with purchase invoices, sales invoices payments, and general ledger transactions. The accounting software that supplies data should be listed in the IRAS register.