The Inland Revenue Authority of Singapore (IRAS) has published Revised e-Tax Guide - Transfer Pricing Guidelines (Sixth Edition). The main amendments made by the IRAS are summarized as follows:

• Enhanced the guidance on application of Berry ratio and value-added cost mark-up – paragraphs 5.99, 5.101 and 5.102;
• Added frequently asked questions regarding preparation of TP documentation in Append…