Classroom 1 Day
103123019
This workshop builds on the fundamentals of our GST law and regulation with a view to addressing specific high-risk areas and new regulations including the Reverse Charge (RC) mechanism and Overseas Vendor Registration (OVR) on 1 January 2020.
Overview
The tax risk in doing business in different parts of the world has increased. The tax risk management models developed a decade ago are no longer able to provide multi-national enterprises with adequate protection in the prevailing business environment. This workshop is designed to demonstrate the technical and practical aspects of international tax. It will focus on international tax principles, and how they could affect your business operations and tax planning.
Key Topics Covered:
• Principles applicable to International tax planning
• Singapore income tax principles applicable to international transactions
• Essential knowledge in understanding tax treaties and review of the Singapore tax treaty networks
• An examination of the rules and structure of the OECD Model Tax Convention
• Discussion of the tools available to tax authorities to combat tax planning
Trainer Profile
Jack HM Wong FCPA (Aust.)
An Accredited Tax Advisor, Jack Wong has over 21 years of international tax experience, providing MNC and high net-worth individuals with his tax solutions. He is also experienced in resolving tax disputes with the tax authorities and negotiating for tax incentives with the Singapore Government agencies on behalf of his clients. Jack wins praise for his effective balance of technical skill and client services. In 2010, Jack received the honour to be named one of the top Notable Tax Practitioners in Singapore by Chambers & Partners, Asia.
Objectives
- • Discuss the key elements in international tax planning
• Review of the Singapore withholding tax implications on cross border transactions
• Analyse how to maximize double tax reliefs available to multi-national enterprises operating from Singapore
• Discuss what is a tax treaty and how it functions.
• Assess the impact of the anti-avoidance tools available to other tax authorities such as Controlled Foreign Company (CFC) rules, Thin-Capitalisation rules, and the Beneficial Ownership rules.
• Discuss the motivation behind the Base Erosion and Profit Shifting (BEPS) Project
Audience
This workshop is suitable for:
• CFOs / Financial Controllers
• Senior Tax Managers
• Accountants/ Auditors
• Finance Professionals who are advising or are responsible in international tax structuring and planning
Classroom 1 Day
103123019