OrbitaxSingapore Advance Ruling on the Tax Treatment of the Sale of an Investment
|Approved Changes|Singapore
The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 3/2023, concerning the tax treatment of the sale of an investment in a company.
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Advance Ruling Summary No. 3/2023
Subject:
Whether the sale of shares in Company X is a capital transaction and therefore any cost associated with the sale and gains (if any) arising therefrom should not be deductible and t…
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