Raffles Consulting Services

Corporate and International Tax Consulting

Practical Singapore tax advice aligned with transactions, operating models, cross-border flows and the evidence required to sustain the position taken.

Singapore and cross-border tax

Singapore’s headline corporate income tax rate is 17%, but the effective position depends on the company’s income, exemptions, incentives, foreign tax relief, expenses, related-party transactions and operating substance. We help management understand the choices, documentation and implementation implications. Where a matter requires legal interpretation, transaction documents, dispute representation or a formal legal opinion, we coordinate with Singapore law firms whose lawyers have the relevant tax, corporate or disputes speciality.

Areas we cover

Corporate taxTax position reviews, exemptions, incentives, loss utilisation and transaction support.
International taxResidence, permanent establishments, treaties, withholding tax and foreign-sourced income.
Transfer pricingRelated-party arrangements, arm’s-length support, documentation and operational alignment.
GST and transactionsRegistration, 9% GST implications, place-of-supply issues and deal structuring.

Rules that need active attention

  • Singapore tax residence is based on control and management, not just incorporation.
  • Foreign-sourced income exemptions are conditional and require evidence.
  • Section 10L can apply to certain foreign asset disposal gains received in Singapore.
  • Transfer-pricing positions should match contracts, conduct and value creation.
  • Pillar Two rules may affect in-scope multinational groups.