The Inland Revenue Authority of Singapore (IRAS) has published updated guidance on Transfer Pricing - Other Issues. The update includes the indicative margin for related party loans that taxpayers can apply on each related party loan not exceeding SGD 15 million during the period 1 January 2021 to 31 December 2021, which has been set at + 275 bps (2.75%). The indicative margin is not mandatory but gives taxpayers an alternative to performing detailed transfer pricing analysis in order to com…