New Singapore transfer pricing guide addresses MNE centralised services

Learning CentreNews & MediaNew Singapore transfer pricing guide addresses MNE centralised services

New Singapore transfer pricing guide addresses MNE centralised services.


The Inland Revenue Authority of Singapore released on March 19 an e-Tax guide on transfer pricing guidelines for multinational enterprise groups that have centralised activities through a “headquarters” entity in Singapore.  The guide focuses on the economic value contributions of centralised activities performed by Singapore taxpayers and their importance for the multinational group. It includes guidance for functional analysis of related party activities in Singapore and on selecting appropriate transfer pricing methods.

Transfer pricing documentation is mandatory in Singapore for certain taxpayers that meet certain conditions. The transfer pricing documentation is key to show evidence of how the price is in line with the arm’s length principle.

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