Ask Me Anything with Adriana Calderon
Singapore Transfer Pricing Updates 2026

In this episode of our Ask Me Anything series, Adriana Calderon, Managing Partner of Transfer Pricing Solutions Asia & Malaysia, unpacks the latest update to the Inland Revenue Authority of Singapore's (IRAS) Transfer Pricing Guidelines - now in its 9th edition.

The headline change? Long-awaited clarification on how share-based compensation should be treated in cost-plus intercompany service arrangements.

In this short video, Adriana explains what the 9th edition confirms - that share-based compensation should be included in the cost base for cost-plus service arrangements - along with the two key exemptions that apply when compensation is uncharged or represents a notional amount. She unpacks why this is a meaningful clarification the industry has been waiting for, how the update could impact your transfer pricing position and service fee calculations, and what multinational groups with Singapore operations should do next. If your company invoices intercompany services out of Singapore - or receives them - this update matters.