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Singapore Publishes Revised e-Tax Guide on the Tax Treatment of Leases Arising from Adoption of Financial Reporting Standards

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore has published a revised e-Tax Guide, Tax Treatment Arising from Adoption of Financial Reporting Standard 116 or Singapore Financial Reporting Standard (International) 16 - Leases. The e-Tax guide provides guidance on tax treatment for entities adopting Financial Report Standard 116 or Singapore Financial Reporting Standard (International) 16 (FRS 116 /…

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