Corporate Tax - Capital Gains & Section 10L

Описание: In this video, Hwee Theng Chua, Corporate Tax Partner at RSM Singapore, answers the most common questions we receive about compliance requirements—empowering you to manage risk effectively and with confidence.

While Singapore traditionally does not tax capital gains, determining whether a profit is capital or revenue in nature often depends on applying the "Badges of Trade," such as the motive of acquisition and frequency of transactions. This video explores these complexities and introduces the new Section 10L, effective from 1 January 2024, which reshapes the landscape for groups disposing of foreign assets without adequate economic substance in Singapore. Understanding these implications early is vital for strategic planning and compliance.

What you’ll learn in this video:
✅ How the "Badges of Trade" are applied to determine if a gain is taxable.
✅ The impact of the new Section 10L on the disposal of foreign assets.
✅ Why maintaining proper documentation, such as Directors' Resolutions, is critical for substantiating long-term investment intent.

At RSM Singapore, we simplify complex tax matters and provide insights to help you make forward-focused decisions and Take Charge of Change.

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Disclaimer: This video is intended to provide general information and does not constitute professional advice. For legal or expert advice, please consult a qualified professional. While every effort has been made to verify accuracy, RSM Singapore makes no guarantee and is not responsible for any error or omission. Copyright © RSM Singapore [2026]. All rights reserved.