OrbitaxSingapore Guidance on the Tax Treatment of Interest, Gains or Profits Derived from Negotiable Certificates of Deposit by Non-Financial Institutions
|Approved Changes|Singapore
The Inland Revenue Authority of Singapore published new guidance on 31 March 2022 regarding the tax treatment of interest, gains or profits derived from negotiable certificates of deposit by non-financial institutions.
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Tax Treatment of Interest, Gains or Profits Derived from Negotiable Certificates of Deposit by Non-Financial Institutions
Where a non-financial institution (non-FI) deri…
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