OrbitaxSingapore Advance Ruling on the Tax Treatment of Gains on Transfers of Partial Interests in a Property.
|Approved Changes|Singapore
The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 1/2023, concerning the tax treatment of gains on transfers of partial interests in a property.
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Advance Ruling Summary No. 1/2023
Subject:
Whether:
- the gains arising from the transfers of partial interests in the Property (as defined below) to Company B and Company C will be regarded as capital in natu…
