Singapore legislation
Regulation 28
Regulation 28
Adjustment for constituent entity owners of flow-through entity
Amended byS 860/2025 wef 31/12/2025
Where any part of the FANIL for a financial year of a flow‑through entity of an MNE group is allocated to any constituent entity (X) of that MNE group that has an ownership interest in the flow‑through entity, the FANIL so allocated is to be adjusted under these Regulations as if the FANIL were part of the FANIL of X for that financial year.