New Reporting Requirements for Companies with Related-Party Transactions Exceeding SGD 15 million

Journal
See, J.C.; Lee, S.Y.
Singapore
International Transfer Pricing Journal 2017 (Volume 24), No. 2
PriceUSD 45

The tax authorities have announced that, with effect from year of assessment 2018, companies must complete a new Form for Reporting of Related Party Transactions for tax return purposes if the value of related-party transactions disclosed in the audited accounts for the financial year exceeds SGD 15 million.