OrbitaxSingapore Advance Ruling on Tax Treatment of Liquidation Proceeds
|Approved Changes|Singapore
The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 17/2022, concerning the tax treatment of liquidation proceeds.
---
Advance Ruling Summary No. 17/2022
Subject:
Whether the Liquidation Proceeds (defined below) to be derived by Company A upon liquidation of Company B are capital in nature and not assessable to tax under section 10(1) of the Income Tax Act …
Continue Reading
