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Singapore proposes transfer pricing guidance for loans and services

October 28, 2008

The Inland Revenue Authority of Singapore (IRAS) has published a draft supplementary circular to provide guidance on the application of the arm’s length principle to related party loan and service arrangements.

The Inland Revenue Authority of Singapore (IRAS) has published a draft supplementary circular to provide guidance on the application of the arm’s length principle to related party loan and service arrangements. The draft circular is open for public consultation and feedback. Taxpayers are required to submit their comments before November 20 2008.




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