OrbitaxSingapore Ruling on Whether Settlement of Intercompany Loans and Interest Receivables via Endorsement of Promissory Notes Constitutes Deemed Remittance
|Approved Changes|Singapore
The Inland Revenue Authority of Singapore (IRAS) has issued an advance ruling summary on whether the settlement of intercompany loans and interest receivables via the endorsement of promissory notes constitutes deemed remittance into Singapore.
---
Advance Ruling Summary No. 15/2025
1. Subject:
a. Whether the settlement of intercompany loans and interest receivables due to Company A and …
Continue Reading
