The most recent version of the Singapore Transfer Pricing Guidelines, version 8, was published late last year.

EY Host and Financial Services Transfer Pricing Leader, Jonathan Thompson recently sat down with EY Singapore Transfer Pricing Partner, Adam Henderson, to unpack the latest transfer pricing guidelines.

In this episode, they explore:

✅ Key changes in the updated IRAS guidance

✅ Practical implications for multinational groups operating in or through Singapore

✅ How taxpayers should approach documentation, substance, and risk allocation in light of the revisions

✅ Common areas where increased scrutiny from the authorities may be expected

Singapore remains a critical hub in many global operating models, and this eighth version of the IRAS guidelines is a clear signal of continued refinement, and heightened expectations for transfer pricing compliance.