TOP TIPS: Handling Singapore’s new TP rules
As Singapore’s tax watchdog steps up transfer pricing probes, CT asks Simon Poh (pictured), board member of Singapore Institute of Accredited Tax Professionals, how companies can better comply with the tax rule.
In 2010, Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), added Section 34D to the Singapore Income Tax Act. This applies to transactions that are not conducted at arm’s length and provided IRAS with the authority to make transfer pricing adjustments and potentially paves the way for IRAS to step up the enforcement of transfer pricing compliance.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
Related Articles
TOP TIPS: India’s transfer pricing rules
Apr 29, 2013
TOP TIPS: Understanding new FATCA rules
Jan 28, 2013