The Inland Revenue Authority of Singapore (IRAS) has published updated guidance on Transfer Pricing - Other Issues. The update includes the indicative margin for related party loans that taxpayers can apply on each related party loan not exceeding SGD 15 million during the period 1 January 2021 to 31 December 2021, which has been set at + 275 bps (2.75%). The indicative margin is not mandatory but gives taxpayers an alternative to performing detailed transfer pricing analysis in order to comply with the arm’s length principle for their related party loans. The indicative margin is in addition to an appropriate...