The Inland Revenue Authority of Singapore (IRAS) has published a new e-Tax Guide, Transfer Pricing Guidelines Special Topic - Centralised Activities in Multinational Enterprise Groups. The e-Tax guide: Discusses the economic value contributions of centralised activities in Singapore and their importance to a multinational enterprise (MNE) group; and Provides guidance on how to analyse such activities carried out in Singapore between related parties, the factors that may affect the transfer price for these activities, and the transfer pricing methods that may be appropriate. The e-Tax guide is of particular relevance to a business entity (including branches) incorporated or registered in...