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