IRAS’ Voluntary Disclosure Programme: A Simplified Transfer Pricing Guide
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Home • Events • IRAS’ Voluntary Disclosure Programme: A Simplified Transfer Pricing Guide
Learn about the basics of voluntary disclosure. We will cover how the disclosure works, the requirements for disclosures, associated penalties and most importantly how voluntary disclosure relates to transfer pricing.
US‑based multinational enterprises (MNEs) will continue to be subject to Singapore’s Qualified Domestic Minimum Top-Up Tax (QDMTT), even though they may not be subject to a top‑up tax under US rules.
Starting May 2026, in-scope multinational enterprise (MNE) groups must register for Singapore’s Multinational Enterprise Top-up Tax (MTT), Domestic Top-up Tax (DTT), and the GloBE Information Return (GIR) under the Multinational Enterprise (Minimum Tax) Act 2024.