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MOM · WEB

FCF Advertising Exemption for a Transfer Between Related Singapore Companies

The restructuring and common-shareholder tests for a local transferee.

Source reviewed:

Two Alternative Grounds

MOM allows an advertising exemption if the companies are undergoing merger/acquisition, amalgamation or corporate restructuring, or if common shareholders own at least 50% of both companies. These are alternative grounds for a transfer from a related Singapore branch, subsidiary or affiliate; the FAQ does not give an unrestricted exemption to every related-company move.

Official Source

Written independently from official MOM source material.

MOM official source ↗

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