Singapore Advance Ruling on Tax Treatment of Consideration Received in Relation to the Transfer of Certain Intellectual Property

The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 16/2022, concerning the tax treatment of consideration received in relation to the transfer of certain intellectual property.

---

Advance Ruling Summary No. 16/2022

Subject:

Whether:

• The consideration received by Company A from Company B in relation to the transfer of the improvements of licenced Intellectual Property ("Improvements of Licensed IP") related to the business in Territory X should be trea…