Purpose, eligibility reminder and submission
Form GR-B is the group-relief form for the claimant company for a specified Year of Assessment. Its instructions say group relief is for Singapore-incorporated companies in the same group with the same financial year-end, and the form is submitted together with Form C. Read the Group Relief System e-Tax Guide and the official Qualifying for Group Relief material before completing it: this one-page form is not a complete statement of eligibility. Allow around ten minutes and have claimant and transferor details ready.
Identify the claimant and order the transferors
Part 1 asks for the claimant company’s name and tax reference number. Part 3 lists transferor companies in order of priority, including each company’s name, tax reference number and continuous-period start and end dates in day/month/year format. Seven rows are provided; use separate forms when there are more than seven transferors. Priority and the period should be completed for each transferor rather than entered only as a general statement.
The shareholding declaration and evidence
Part 2 declares that the relevant holding company’s ordinary-shareholding levels remain at or above 75% for the continuous period listed in Part 3 and that the information is true and complete. The footnote defines that period as ending on the basis period’s last day, during which the required shareholding is maintained. Retain the shareholding computation because the Comptroller may request it. The person completing the form signs and gives their full name, capacity, contact number and date; the form warns of penalties under the Income Tax Act 1947 for false or incorrect declarations.
Official source
This article independently explains the substantive contents of the official PDF, including the relevant conditions, procedures and annexes. The linked document remains the authoritative source for its original wording, and later changes should be checked separately.
Read the official PDF ↗