Singapore: Transfer pricing documentation, due 30 November

Singapore: Transfer pricing documentation

As a reminder, the due date for filing certain transfer pricing documentation in Singapore is 30 November 2015.

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The rules governing transfer pricing documentation provide that it must be maintained on a “contemporaneous” basis—that is, the documentation must be in existence prior to or at the time when the transactions are undertaken. 

However, documentation will be accepted if “adequately completed” before the tax filing due date—i.e., 30 November of the year following the financial year-end of the taxpayer.

The guidelines further set out information to be included in the transfer pricing documentation, and organized by group-level and entity-level information. 

 

Read an October 2015 report [PDF 341 KB] prepared by the KPMG member firm in Singapore: Transfer Pricing in Singapore and Contemporaneous Documentation

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