Spotlight on Commodity Transfer Pricing
29 May 2019
On 24 May 2019, the Inland Revenue Authority of Singapore (“IRAS”) released new transfer pricing guidance on commodity transactions in the form of an e-tax guide titled “Income Tax: Transfer Pricing Guidelines, Special Topic – Commodity Marketing and Trading Activities (First Edition)”. This guidance is an extension of the Singapore Transfer Pricing Guidelines (Fifth Edition) issued on 23 February 2018. Read more about it in this alert.
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