On 10 August 2021, the IRAS released the sixth edition of the Singapore TP Guidelines (“Sixth Edition TPG”), updating and replacing the previous version released in February 2018. The Sixth Edition TPG takes into account some of the key contents from OECD Transfer Pricing Guidelines as well as presents an opportunity for taxpayers to revisit their transfer pricing policy and documentation to ensure they are in alignment with the IRAS TP compliance requirements...

Do you believe that your business is already in compliance with the Singapore TP requirements?  If so, are your answers to the following questions positive?  If not, what do you have to do?  We highlight 5 critical areas from a Singapore TP perspective below, to do a self-test.

In this article, we look in detail, some of the prominent features of a VCC from a corporate secretarial perspective...

“The introduction of this corporate structure, known as the variable capital company or VCC, will be a game changer for Singapore’s fund management industry” according to Second Minister for Finance Ms. Indranee Rajah.