The Inland Revenue Authority of Singapore (IRAS) has published a new e-Tax Guide GST: Transfer Pricing Adjustments. The e-Tax guide explains the GST treatment for adjustments on the transfer prices of transactions between related parties and is relevant when taxpayers have TP adjustments made to their transactions with related parties. The GST treatment is summarized in the e-Tax guide as follows: --- 2 At a Glance 2.1 Transfer pricing concerns the prices charged in transactions between related parties. When you transact with your related parties, you must price those transactions at arm's length (i.e. the transactions should be made under...