Issuance of the 2015 Singapore TP Guidelines

This article is a continuation of the previous article in IBFD’s Asia-Pacific Tax Bulletin dated November/ December 2014 (Volume 20, - Number 6, - 2014), wherein the authors provided comments with regard to the key differences between the IRAS consultation paper on the transfer pricing guidelines and the final OECD report on Action 13. The revised guidelines were released by IRAS on 6 January 2015, and this article summarizses again the main similarities and differences between the key compliance issues in Section D of the final OECD report on Action 13 and the 2015 Singapore Transfer Pricing Guidelines.