Tax 101 Series - Taxation and Tax Law: Singapore Statutory Framework

Description

Do you know a taxpayer is not to be taxed unless the taxing statute's words clearly impose the tax upon him/her? How does interpreting Singapore tax statutes in light of common law rules on statutory interpretation affect the taxpayers?

However, you should be aware that there is no universally accepted view as to the precise nature of tax law, and there is even a view that there is no overarching tax regime. That there are competing views in this area is of little surprise.

This session will enable you to manage your tax risk confidently by providing a good understanding of your fundamental tax rights (entitlements). This program is a mix of practical experience and academic knowledge.

Our Tax 101 series is aimed at tax and non-tax trained junior executives or anyone who has an interest in understanding the Singapore Tax system. This session is a mix of practical experience and academic knowledge.

Programme Outline

  • Singapore tax system
  • What is income tax?
  • Basic tax concepts - Profit, income, and gain
  • Section 9A, statutory construction and common law rules on statutory interpretation
  • Exploratory case study
  •     - GBU v Comptroller of Income Tax (2017)
  • Q&A

What you will learn

  • Gain a systematic understanding of Singapore’s statutory tax framework and its interplay between the basic principles in statutory construction, governing the interpretation of Singapore tax statutes
  • Evaluate the effects of the tax framework on determining the income (profit, income and gain) and its related tax concepts

Target Audience

An introductory level program intended for tax accountants, business accountants, auditors, and non-finance executives with little or no tax knowledge.

Expert Speaker

Kevin Matthaios Lee

Kevin, a business finance professional, is also a Subject-Matter Expert (SME) in the tax practise of a mid-tier professional services firm, while simultaneously holding a position as a trainer/facilitator where he shares his insights on the global issue in FRS, political science and economics and international business law. He has been a speaker at various seminars, and network (exclusive) events, inter alia, Wolters Kluwer (CCH), ISCA, CIMA and ACCA.

Register for this session on its own or register as part of the 5 webinar bundle or 10 webinar bundle and save up to 58%

The webinar is on 17 March 2021.

  • Mar 17
    Wed, 1:00 PM SGT - Wed, 2:30 PM SGT Online
    • $128.40 incl. GST (7%)
    • PD hours: 1.5

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One-Connection-One-Fee

Our webinars operate on a 'one-connection-one-fee' basis, so you can have your whole team participate together in a boardroom setting for one cost effective price, using one registered log-in connection. The registered attendee will receive a CPD certificate.

Recordings

Like the topic but can’t make the time? Register for the Live Session and you’ll receive the Recording regardless! Recordings are provided for webinars with a duration of 3 hours and less.