On 13 July 2015, the Inland Revenue Authority of Singapore published the third edition of the e-Tax Guide - Income Tax and Stamp Duty: Mergers and Acquisitions Scheme. The scheme, introduced in 2010 and enhanced in 2012, provides for tax allowances, stamp duty relief and double tax deductions (DTD) for qualifying M&A transactions. The topics covered by the guide include: Overview of M&A scheme; Qualifying share acquisitions; Qualifying conditions; Determination of M&A allowance and stamp duty relief; Manner of offset of M&A allowance and DTD on transaction costs; Group relief, carry-back and carry-forward of unabsorbed M&A allowance and DTD on...