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Singapore Advance Ruling on Whether Tax Deferred Distributions Derived from a Foreign Trust Would be Subject to Singapore Income Tax

|Approved Changes|Singapore
Singapore

The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 14/2023 on whether tax deferred distributions derived from a foreign trust would be subject to Singapore income tax.

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Advance Ruling Summary No. 14/2023

1. Subject:

a. Whether the tax deferred distributions derived from a foreign trust would be subject to Singapore income tax.

2. Relevant background …

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