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Singapore Updates Guidance on Taxable and Non-Taxable Income in Relation to the Transfer of Trading Stock for Employee Use

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore updated its guidance on Taxable and Non-Taxable Income on 20 April 2022, with a new FAQ in relation to the transfer of trading stock for employee use.

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My company is in the business of selling computers. If I transfer some computers from trading stock for office use by employees, is the transfer taxable?

The computers are the company's trading s…

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