Non-compliance with transfer pricing rules can result in penalties up to SGD 10,000, taxable income adjustments, and additional taxes.
Penalties for non-compliance may include financial penalties of up to SGD 10,000, adjustments to taxable income, and additional taxes.
What is the arm’s length principle?
Who needs to comply with Singapore’s transfer pricing rules?
What is transfer pricing documentation?
When is transfer pricing documentation required?
What are the penalties for non-compliance?