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Singapore Publishes Ruling Summary Concerning Income Tax Issues Relating to Amalgamation of Companies

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 9/2021, concerning income tax issues relating to the amalgamation of companies.

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Advance Ruling Summary No. 9/2021

Subject:

Whether:

  • the income of Company A (the amalgamated company) would be regarded as income arising from the same trade or business as that of Company B (the amalgamating company) immed…

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