Advanced Corporate Tax


Date:
19 December 2019, Thursday - 20 December 2019, Friday

Time:
09.00AM - 05.00PM
Venue:
60 Cecil Street, ISCA House, Singapore 049709

Details/ Promotion:
Please click here for more details and here for the registration form.
Accredited tax professionals enjoy members' rate!
Contact:
Please refer to organiser’s webpage here.
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Programme Synopsis

This programme is designed to help participants achieve a higher appreciation of tax planning techniques and how it can be applied to business decisions both locally and internationally. It will cover both local tax planning as well as international tax planning. As this is an advanced tax programme, the assumption is that participants are already conversant with basic tax laws and practice in Singapore. Other advanced tax topics such as tax incentives, transfer pricing and tax issues in mergers and acquisitions will also feature in this programme. Where applicable, practical examples, illustrations and case studies (including recent court cases) will be used to enable participants to relate and apply to real life tax situations.

Programme Outline

Day 1

Introduction to tax planning and application of common tax planning techniques in the following areas:
  • Full/partial tax exemption and residence status
  • Taxability of trade income
  • Deductibility of trade expenses
  • Claims for capital allowances
  • Utilisation of tax losses
  • Managing withholding tax burden and obligations
  • Claiming reliefs from double taxation
Overview of tax incentives and coverage on selected tax incentives, including:
  • Headquarters tax incentives
  • Development and expansion incentive
  • Global trader programme
  • Pioneer incentives for products and services
  • Investment Allowance
Transfer Pricing and Anti-Tax Avoidance, including:
  • Transfer pricing guidelines and consultation
  • Advanced Pricing Arrangements and Mutual Agreement Procedures
  • Intercompany loans and services
  • Tax Evasion v Tax Avoidance v Tax Planning
Tax Issues in corporate mergers and acquisitions, including:
  • Overview of corporate M&As
  • Normal tax implications
  • New tax framework for statutory voluntary amalgamations
  • New M&A tax allowance and stamp duty remission for qualifying M&As

Day 2

Introduction to international tax planning including objectives of international tax planning and common techniques, including;
  • Use of international holding company
  • Use of international finance company
  • Use of international purchase and sales company
Tax issues to consider when a company ventures overseas, including:
  • Choice of investment vehicle
  • Designing a tax efficient holding structure
  • Planning the financing structure
  • Profit repatriation
  • Common pitfalls to avoid
  • Taxation of foreign income in Singapore
Understanding the role of tax treaties in international tax planning, including:
  • Overview of Double Tax Agreements (DTAs)
  • Singapore’s DTAs
  • OECD Model Tax Convention and Commentaries on various treaty articles
  • Base Erosion and Profit Shifting (BEPS)

About the Presenter(s)/ Trainer(s)


Assoc Prof (Practice) Simon Poh
FCPA Singapore, ATA (Income Tax and GST), MSID, MBA



Simon Poh is currently Associate Professor (Practice) at the Accounting Department of the National University of Singapore (NUS) Business School. Previously, he was Associate Professor (Adjunct) from 1 January 2007 to 30 June 2014.

Outside the academia, Simon has been a distinguished tax professional both in Singapore and the region, with close to three decades of experience in tax compliance and tax advisory work in the areas of corporate tax, individual income tax and goods and services tax. This includes 9 years of experience with the Inland Revenue Authority of Singapore, 3 years with reputable regional multinational corporations and more than 16 years with top international accounting firms. His extensive experience includes goods and services tax advisory and risk management, international tax planning, transfer pricing, corporate restructuring, business acquisitions and mergers, expatriate tax planning, and advising clients on the tax implications of both inbound and outbound investments.

Simon graduated with a Bachelor of Accountancy Degree in 1985 followed by a Master of Business Administration (MBA) degree from NUS in 1993. He is a Fellow Chartered Accountant of the Institute of Singapore Chartered Accountants (ISCA) since 2004, a Full Member of the Singapore Institute of Directors since 2008, an Accredited Tax Advisor (Income Tax and GST) of the Singapore Institute of Accredited Tax Professionals (SIATP) since 2010 and an Honorary Member of the Financial Planning Association of Singapore since 2011. At SIATP, he is a Board Member and Chairman of both the SME Tax Committee and the Examinations Committee. Simon has also been acting as Examiner for tax modules offered in professional accountancy examinations since 2006.

Simon is the author of "Taxation in Singapore" which was published since 2008. Besides speaking at numerous external tax seminars and conducting regular tax workshops for professional bodies, he is also a regular contributor to the local and foreign media on current taxation issues.








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