The Inland Revenue Authority of Singapore has published guidance on the tax treatment of rental relief measures introduced in response to the COVID-19 pandemic. The main guidance is as follows with further examples provided in the Tax Treatment of Rental Relief Measures (2021) guidance webpage. --- Rental Relief Government Rental Waiver Framework To support businesses with rental costs during the Phase 2 (Heightened Alert) ("P2(HA)") and the Stabilisation Phase, the Government will provide rental waiver of up to 3 months to qualifying Small and Medium Enterprises ("SMEs") and specified Non-Profit Organisations ("NPOs") tenants of Government-owned commercial properties. Tenants are required...