On 1 September 2014, the Inland Revenue Authority of Singapore issued revised transfer pricing documentation guidelines for consultation. According to the guidance, the type of transfer pricing documentation required at the group and entity level include: Group level General information on the Group Description of Group's Business Group's Transfer Pricing Group's Financial Position Entity level General information on the Singapore taxpayer Description of the Singapore taxpayer's business Transactions between Singapore taxpayer and all related parties Transfer pricing analysis/benchmarking The main views and comments sought by the Inland Revenue Authority include: The challenges in preparing transfer pricing documentation on a contemporaneous...