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Singapore Advance Ruling on the Tax Treatment of Initial and Subsequent Gains Derived from the Sale of Shares

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 13/2023 on the tax treatment of initial and subsequent gains derived from the sale of shares.

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Advance Ruling Summary No. 13/2023

1. Subject:

Whether the initial and subsequent gains derived from the sale of shares in Company B should constitute as capital gains and not as trading income assessable unde…

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