On or about 29 March 2019, the Inland Revenue Authority of Singapore (IRAS) has published the second edition of e-Tax Guide: Group Relief System. It replaces the first edition which was published on 6 September 2011.
The e-Tax Guide has been updated to incorporate the following changes:
- Revised former paragraphs 10.1(d) and deleted paragraphs 10.1(e) and 10.3(a), (c) and (d) relating to repealed EEIA provisions
- Amended paragraph 12.2 to clarify that GR is allowed before loss carry back relief
- Amended paragraph 14.2 and 14.3 to reflect the changed timelines for filing of new/revised Form GR-A or GR-B, which had been aligned with the time frame for objection against tax assessment.
Source: IRAS, 1 April 2019