IRAS e-Tax Guide on the Tax Framework for Variable Capital Companies

On August 28, 2020, the Inland Revenue Authority of Singapore (IRAS) issued an e-Tax Guide setting out the income tax, goods and services tax (GST), as well as stamp duty framework for Variable Capital Companies (VCCs). In this Client Alert, we highlight salient aspects of the tax framework applicable to umbrella VCCs as described in the e-Tax Guide.


For further inquiries regarding this alert, please contact:

Irving Aw
Co-Founder and Principal, Taxise Asia LLC
+65 6304 5367