The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 16/2022, concerning the tax treatment of consideration received in relation to the transfer of certain intellectual property.
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Advance Ruling Summary No. 16/2022
Subject:
Whether:
- The consideration received by Company A from Company B in relation to the transfer of the improvements of licenced Intellectual Property ("Improvements of Licensed IP") related to the business in Territory X should be trea…