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On 12 January 2017, the Inland Revenue Authority of Singapore (‘IRAS') released the fourth edition of the Singapore Transfer Pricing Guidelines.

Until 31st December 2024, the IRAS has generally been applying the interest restriction [2] as the arm's length proxy for domestic loans between related parties...

The Inland Revenue Authority of Singapore ("IRAS") has issued transfer pricing guidance for centralized activities of multinational enterprise ("MNE") groups in Singapore to assist taxpayers in ...

This is becoming a key priority for multinational enterprises that have their global or regional headquarters in Singapore due to the aggressive actions being taken by other tax administrations.

On 16 June 2016, Singapore announced that it will join the framework for the implementation of the BEPS Project.

Generally, companies are required to consult the IRAS before applying term-testing.

The timelines and regulations are summarized below for reference.

If you operate in Singapore, you need to know that 2019 is the first year of mandatory transfer pricing documentation in that country.

Singapore Telecom Australia Investments Pty Ltd v Commissioner of Taxation [2024] FCAFC 29, concerned the ATO's review of interest deductions claimed by STAI...

The Ciarb-IPOS IP & Tech Dispute Resolution Conference, sponsored by AlixPartners, was held on 28 August during the 2024 Singapore Convention Week...

Due to proximity to key markets and depth of trading expertise in Singapore, a number of multinational groups have set up operations here to conduct commodity marketing and trading activities.

When considering the potential tax risks and opportunities arising from a cross-border or multi-jurisdictional M&A transaction, it is crucial to consider transfer pricing early in the process.

After initial successes in the ongoing fight against COVID-19, Singapore has experienced an apparent resurgence in cases of the highly infectious virus. The Government has responded by extending the ‘circuit breaker' which was initially expected to end on 4 May 2020.

Transfer pricing continues to be a critical issue for both tax authorities and taxpayers alike and 2015 is likely to see a continuation of the key trends that started to emerge in 2013 and 2014.

Increasingly, transfer pricing documentation is an important focus area for both taxpayers and tax authorities.

Singapore's IP holding structures offer significant advantages for regional brand management and commercialisation, but their effectiveness depends on operational substance aligning with legal form.

The Inland Revenue Authority of Singapore published the 3rd edition of its Transfer Pricing Guidelines on the second working day of the New Year.