The Singaporean Inland Revenue Authority May 31 updated an e-tax guide on the tax framework of variable capital companies (VCCs), a corporate structure for investment funds. Topics covered include: 1) an overview of the content of the guide, including the guide’s purpose; 2) relevant definitions; 3) information on income tax treatment; 4) information on GST treatment; 5) information on stamp duty treatment; and 6) procedures for obtaining clarification on the content of the guide. [Singapore, Inland Revenue Authority of Singapore, 05/31/24]
Reference:
View Updated E-Tax Guide on Tax Framework for Variable Capital Companies. View Index.
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