In our latest episode, Amy is joined by EY Singapore transfer pricing (TP) specialists, Rajesh Bheemanee, Vivienne Ong and Lee Ying Jow as they discuss how evolving global tax reforms and rising audit scrutiny are reshaping the TP landscape across Asia. The discussion highlights the growing importance of bilateral advanced pricing agreements (BAPAs), alongside stricter enforcement by tax authorities such as the Inland Revenue Authority of Singapore (IRAS), and what this means for businesses operating in Singapore and the region.

The discussion covers three key themes:

• TP is a strategic risk area, not just a compliance exercise: Heightened global scrutiny, including the Organisation for Economic Co-operation and Development (OECD) reforms and increased audit activity, has elevated TP to a board-level issue. Businesses must carefully manage how profits are allocated across jurisdictions, as authorities are taking a stricter stance with greater enforcement, penalties and documentation requirements.
• Proactive dispute prevention is critical in a more complex audit environment: Tax audits are becoming longer, more detailed and less flexible on timelines. Robust, contemporaneous TP documentation is now essential, forming the first line of defence. Many organisations are also turning to advance pricing agreements (APAs), particularly bilateral arrangements to gain upfront certainty and reduce the risk of cross-border disputes.
• Strong governance and alignment underpin successful outcomes: Effective TP management requires more than technical analysis. Businesses should ensure alignment across tax, finance and operations, maintain consistent documentation, and adopt a clear, coordinated response strategy during audits. A broader governance framework, including the use of APAs and dispute resolution mechanisms like mutual agreement procedures (MAPs) can help manage risk and avoid double taxation.

With increasing complexity in cross-border transactions and heightened expectations for transparency, organisations must now adopt a more strategic and proactive approach to managing TP risks, moving beyond compliance to focus on dispute prevention and tax certainty.

In this episode, Amy is joined by EY Singapore Tax partner, Chia Seng Chye where they discuss the Singapore Budget 2026 announcements and their impact on businesses.

The discussion covers three key themes:

• Singapore Budget 2026 focuses on future-proofing Singapore amid uncertainty, strengthen competitiveness and resilience.

• Artificial intelligence (AI) is a key focus of Budget 2026 — Singapore is doubling down on adoption, skills and its ambition to be a trusted global AI hub.

• With Singapore proceeding with BEPS 2.0 Pillar Two via the Multinational EnterpriseTop-up Tax (MTT) and Domestic Top-up Tax (DTT) regimes, companies need to get compliance-ready.

The Singapore Budget 2026 demonstrates fiscal prudence to reaffirm commitment to long-term economic resilience and sustainable growth. While there are no headline tax rates increase, targeted measures have been introduced to support businesses in their internationalisation journeys, accelerate AI and technology adoption, and strengthen workforce capabilities.

In this episode, Amy is joined by our EY Singapore Tax partners, Cedric Tan and Spencer Hsu where they discuss what is driving the surge and challenges of setting up single family offices (SFOs) in Singapore, and the shifting tax landscape families must navigate.

The discussion covers three key themes:

• Rapid growth of Singapore's SFO ecosystem: Singapore's political stability, strong wealth management infrastructure, multicultural society and education system make it a preferred hub for long-term family wealth planning.

• Setting up an SFO is not a cookie-cutter approach: Families need to consider their goals and objectives early during planning and avoid generic structures as no two families are alike.

• Incentives and tax considerations: Families need to stay updated as rules, global tax developments and compliance standards evolve.

The success of an SFO hinges on early planning, clarity of purpose and staying agile amid evolving tax rules and global trends. With the right structure and advisors, families can preserve wealth, strengthen governance and build legacies that endures across generations.