The Inland Revenue Authority of Singapore updated its webpage on COVID-19 Support Measures and Tax Guidance on 8 September 2020 to include guidance in relation to transfer pricing. The guidance is provided in a question and answer format, with examples. --- Question 1: My company has been severely affected by COVID-19. What information do I have to provide in the transfer pricing documentation to substantiate the arm’s length nature of my transfer pricing outcome? Please include the following information in your transfer pricing documentation, where applicable: A broad analysis of how your industry has been affected by COVID-19 and the...