Singapore: Tax framework for variable capital companies
Key revisions in fourth edition of e-Tax Guide
The Inland Revenue Authority of Singapore (IRAS) issued the fourth edition of its e-Tax Guide on the tax framework for variable capital companies (VCCs).
The updates mainly comprise clarifications and enhancements to the tax treatment and compliance framework for VCCs, including sub-fund level treatment, foreign-sourced income exemption, and Budget 2026 changes (e.g. the corporate income tax rebate).
For more information, contact a KPMG tax professional in Singapore:
Audrey Wong | audreywong@kpmg.com.sg