Navigating the Tax Implications of Hybrid Instruments: Key Takeaways from the Latest Advanced Ruling

Advanced Ruling Summary No.1/2025 – Published 3 March 2025 The Inland Revenue Authority of Singapore (IRAS) recently issued an advanced ruling on the tax treatment of hybrid instruments, reinforcing the principles outlined in its e-Tax Guide on the Income Tax Treatment of Hybrid Instruments (Second edition), published on 21 October 2019. This ruling provides some […]