by admin | Aug 5, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling Summary No. 13/2025, confirming that a non-pure equity-holding entity (non-PEHE) satisfied Section 10L economic substance requirements. This qualifies it as an “excluded entity,”...
by admin | Aug 5, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a significant advance ruling clarifying the tax treatment of call option premiums paid upon the redemption of Qualifying Debt Securities (QDS). Key Ruling In Advance Ruling Summary No. 12/2025, IRAS...
by admin | Aug 4, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued an Advance Ruling (Income Tax) Summary No. 16/2025 clarifying the tax treatment of gains arising from the intra-group transfer of long-held investment properties. The ruling addresses a specific case...
by admin | Aug 4, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued a significant advance ruling concerning the application of economic substance requirements under Section 10L of the Income Tax Act 1947 to a special purpose vehicle (SPV) structure in Advance Ruling (Income...
by admin | Aug 3, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued an Advance Ruling (Income Tax) Summary No. 15/2025, clarifying that the endorsement of promissory notes to settle intercompany interest receivables does not trigger the “received in Singapore”...
by admin | Jul 31, 2025 | Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has confirmed an extension of the Year of Assessment (YA) 2025 Corporate Income Tax (CIT) Rebate cash grant, introducing a critical “active company” requirement tied to the grant’s disbursement. To...
