From 1 January 2024, gains received in Singapore from the sale of foreign assets will be treated as income chargeable to tax under the newly enacted Section 10L of the Singapore Income Tax Act 1947. Businesses should assess the tax implications of Section 10L and take necessary compliance and restructuring steps.

Understand how CFDF affects deal economics and pricing, and how buyers and sellers differ in their treatment of cash‑like and debt‑like items in M&A transactions.

Understanding a target company’s normalised net working capital is crucial in the context of a merger and acquisition (M&A) transaction.

Global inflation and aggressive central bank rate hikes are reshaping valuation assumptions. This article examines how rising interest rates impact business valuation from a valuer’s perspective.

Singapore Budget 2023 Highlights: Key Measures from “Moving Forward in a New Era”

Global mergers and acquisitions (M&A) activity reached a record high in 2024, with total deal values climbing to their strongest level in over a decade. This growth was driven by a surge in cross‑border M&A transactions, improved global market conditions, and renewed investor confidence across key industries worldwide, highlighting strong momentum in the global M&A market.

The Three Lines Model Explained: Roles, Responsibilities, and Best Practices

While widely used, the Option Pricing Model (OPM) has inherent limitations due to its simplifying assumptions. This article explores its practical implications in valuation, including key constraints and considerations for equity and financial reporting purposes.

With the introduction of the Variable Capital Company (VCC) framework in Singapore, investment managers benefit from greater operational flexibility in structuring and managing investment funds, including the ability to establish umbrella fund structures and sub‑funds.

Dealmakers anticipate continued growth in global M&A activity in 2026, supported by strong economic prospects, ongoing industry consolidation, and rising private equity investment.

Effective from 1 July 2021, businesses engaged in e‑commerce supplies of goods within the EU became subject to new VAT rules, including changes to distance selling thresholds and the introduction of the One Stop Shop (OSS) regime.