Singapore Publishes Ruling Summary Concerning Income Tax Issues Relating to Amalgamation of Companies
The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 9/2021, concerning income tax issues relating to the amalgamation of companies.
---
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…