Singapore new updated transfer pricing guidance | KPMG | BE

Singapore: New, updated transfer pricing guidance

New, updated transfer pricing guidance in Singapore

The Inland Revenue Authority of Singapore (IRAS) in January 2016 released the third edition of its transfer pricing guidance for Singapore taxpayers. The new guidance is an update and expansion of all transfer pricing-related guidance previously released by the IRAS.


Related content

Compared to the previous edition, the new guidance includes expanded viewpoints of the tax authority with respect to several items—specifically concerning:

  • The administrative process leading to an advance pricing arrangement (APA)
  • The derivation of the cost base to which the cost plus mark-up is to be applied


Read a January 2016 report [PDF 243 KB] prepared by the KPMG member firm in Singapore: Transfer Pricing Developments in Singapore: New 2016 Guidance Released by IRAS

© 2018 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal