OrbitaxSingapore Advance Ruling on the Treatment of Subordinated Perpetual Securities as Debt Securities and Treatment of Distributions as Interest Payments
|Approved Changes|Singapore
The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 21/2025 on whether subordinated perpetual securities will be regarded as debt securities and whether distributions payable on the securities will be regarded as deductible interest payments.
---
Advance Ruling Summary No. 21/2025
1. Subject:
Whether:
a. The subordinated perpetual securities (the "Securi…
Continue Reading