Singapore has published the Economic Expansion Incentives (Relief From Income Tax) (Amendment) Act 2018 and the related Commencement Notification and Regulations in the 4 May 2018 of the Official Gazette. The Act and Regulations provide for the exclusion of income from intellectual property (IP) rights from the scope of tax relief for pioneer service companies and development and expansion companies. The change is in relation to Singapore's planned introduction of the Intellectual Property Development Incentive (IDI), which will be in compliance with the modified nexus approach of BEPS Action 5. The IDI scheme is to apply from 1 July 2018,...