Singapore Ruling on Whether Sale of a Company's Property is a Capital Transaction

The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 4/2026, which addresses whether the sale of a company's property is a capital transaction, in which case the proceeds would not be treated as taxable trading income.

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Advance Ruling Summary No. 4/2026

1. Subject:

Whether the sale of Company A's Property (defined below) to Company B is a capital transaction.

2. Relevant background and facts:

a. Company A is incorporated in Singapore and carries on a…