The Singaporean Inland Revenue Authority Sept. 30 updated the e-tax guide on the Budget 2025 changes to the capital gains tax regime that exempts companies with capital gains from disposals of equity investments. The updated guidance includes that: 1) the regime’s Dec. 31, 2027, sunset date has been removed; 2) the exemption has been expanded to include gains derived from disposals of qualifying preferred shares and ordinary shares that occur on or after Jan. 1, 2026; and 3) assessments for the requirement that divesting companies must hold at least 20 percent of the investee company’s ordinary or preferred shares for ...