The Inland Revenue Authority of Singapore (IRAS) has published a new e-Tax Guide, Transfer Pricing Guidelines Special Topic - Centralised Activities in Multinational Enterprise Groups. The e-Tax guide:
- Discusses the economic value contributions of centralised activities in Singapore and their importance to a multinational enterprise (MNE) group; and
- Provides guidance on how to analyse such activities carried out in Singapore between related parties, the factors that may affect the transfe…