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ALB Managing Withholding Tax Obligations Masterclass: |
Asian Legal Business presents a face-to-face masterclass that equips you with in-depth knowledge to address key challenges related to withholding tax compliance. It provides a comprehensive analysis of Singapore withholding tax rules for corporations and will offer technical insights into the withholding tax implications of a full range of transactions.
Target Audience
• Finance Directors • Finance Managers • Regional Tax Managers/ Professionals
• Accountants/Accounts Payable/ Accounts Receivable • Compliance Officers
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ALB Managing Withholding Tax Obligations Masterclass: |
Agenda
UNDERSTANDING WITHHOLDING TAX
Overview
Concept of withholding tax
Analysing Section 45 of the Income Tax Act
Role of Section 12 of ITA on withholding tax
Understanding the key principles of withholding tax
Permanent Establishment (PE)
Definition of PE under domestic law
The implications of PE on withholding tax
Some practical issues relating to PE and how to overcome them
Tax Residency
Relationship between tax residency and withholding tax
Definition of tax resident
Tax Treaties
Role of tax treaties in withholding tax
TRANSACTIONS SUBJECTED TO WITHHOLDING TAX
- Interest
- Royalty
- Rental
- Services
- Management fee
- Directors’ fee
- Professional fee
- Entertainers, athletes, artistes
- Other payments
Review questions
COMPLIANCE & FILING FOR WITHHOLDING TAX
When to withhold and pay IRAS?
Timelines and deadlines for filing
Payment versus accruals
Common errors
Tax refunds
Withholding tax forms
What forms to fill up?
Withholding tax filing process
What are the steps?
Common filing errors
Certificate of residence (COR)
When to obtain COR?
How to obtain COR?
Penalties and Voluntary disclosure
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ALB Managing Withholding Tax Obligations Masterclass: |
Speaker
Sivakumar Saravan, Executive Director, Tax and Corporate Advisory, Crowe Horwath Singapore
Siva has about 25 years of experience in tax compliance and tax consultancy work for individuals as well as local corporations, multinationals and financial institutions.
Siva has extensive experience in advising clients on international corporate and personal tax implications of various cross-border transactions involving the countries in the Asia Pacific region. He routinely advises clients on the wide spectrum of issues relating to inbound investments into Singapore.
His experience in tax advisory includes advising on appropriate holding company structures, intellectual holding company structures, tax implications of employee mobility, tax implications of mergers & acquisitions and transfer pricing issues for several multinational companies based in Singapore for their outbound investments into the Asia Pacific region.
Recently, he has been actively involved in helping digital businesses, including blockchain start-ups, understand and address the local and international tax implications of their transactions.
Siva has conducted numerous seminars and workshops to tax professionals in corporations. He is a much sought-after speaker in areas such as withholding tax, permanent establishment, interpretation of tax treaties and employee taxation. He is also actively involved in contributing to the array of tax literature on Singapore taxation.
Siva is an accredited tax advisor of the Singapore Institute of Accredited Tax Professionals. He is also a member of The Institute of Singapore Chartered Accountants and the Singapore Institute of Arbitrators.
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ALB Managing Withholding Tax Obligations Masterclass: |
Pricing
USD 1,080 (inclusive of 8% GST, applicable for Singapore-based registrations)
Click on the "Register Now" button above or contact the following to book your place at this webinar.
Romulus Tham
(65) 6973 8248 / romulus.tham@tr.com
TERMS AND CONDITIONS
APPLICABILITY - These terms and conditions apply to the supply of conferences, workshops, events and exhibitions (the “Event”) by Thomson Reuters to delegates/attendees (“you”).
PAYMENT - Payment must be received by Thomson Reuters prior to attendance at the Event.
CANCELLATION - Should you be unable to attend, a substitute delegate/attendee is always welcome at no extra cost. Alternatively, provided you notify Thomson Reuters in writing (by letter, fax or email to julian.chiew@thomsonreuters.com) 14 full days before the Event, Thomson Reuters will refund your registration fee, less a 15% administration charge with a minimum administration fee of $50+gst.
Regrettably, no refunds will be made if less than 14 full days notice of cancellation is given. However, if you cancel less than 14 full days before the Event, you may where applicable elect to receive presentation notes from the Event either electronically or in hardcopy.
Thomson Reuters reserves the right to change the date, venue and/or presenters of the Event at any time and without prior notice, and in any way deemed to be in the best interests of meeting the objectives of the Event. If Thomson Reuters cancels a workshop for any reason, your remedy is limited to a refund of the registration fee.
TRAVEL AND ACCOMMODATION - You are ultimately responsible for your own travel/accommodation bookings. Should the Event be rescheduled or cancelled, no compensation for such bookings will be available.
LIMITATION OF LIABILITY - Thomson Reuters will not accept any liability for damages or loss of property or valuables belonging to any delegate/attendee attending the Event.
DISCLAIMER - Thomson Reuters accepts no responsibility for the views or opinions expressed by the presenters or any other persons at the Event.
FORCE MAJEURE - Thomson Reuters will not be liable for compensation for any matter or disruption outside its control (e.g. evacuations, road closures, bad weather, earthquake, flight cancellations or road closures).
|
ALB Managing Withholding Tax Obligations Masterclass: |
Pricing
USD 1,080 (inclusive of 8% GST, applicable for Singapore-based registrations)
Click on the "Register Now" button above or contact the following to book your place at this webinar.
Contact Us
Julian Chiew
+65 6973 8312 / julian.chiew@thomsonreuters.com
TERMS AND CONDITIONS
APPLICABILITY - These terms and conditions apply to the supply of conferences, workshops, events and exhibitions (the “Event”) by Thomson Reuters to delegates/attendees (“you”).
PAYMENT - Payment must be received by Thomson Reuters prior to attendance at the Event.
CANCELLATION - Should you be unable to attend, a substitute delegate/attendee is always welcome at no extra cost. Alternatively, provided you notify Thomson Reuters in writing (by letter, fax or email to julian.chiew@thomsonreuters.com) 14 full days before the Event, Thomson Reuters will refund your registration fee, less a 15% administration charge with a minimum administration fee of $50+gst.
Regrettably, no refunds will be made if less than 14 full days notice of cancellation is given. However, if you cancel less than 14 full days before the Event, you may where applicable elect to receive presentation notes from the Event either electronically or in hardcopy.
Thomson Reuters reserves the right to change the date, venue and/or presenters of the Event at any time and without prior notice, and in any way deemed to be in the best interests of meeting the objectives of the Event. If Thomson Reuters cancels a workshop for any reason, your remedy is limited to a refund of the registration fee.
TRAVEL AND ACCOMMODATION - You are ultimately responsible for your own travel/accommodation bookings. Should the Event be rescheduled or cancelled, no compensation for such bookings will be available.
LIMITATION OF LIABILITY - Thomson Reuters will not accept any liability for damages or loss of property or valuables belonging to any delegate/attendee attending the Event.
DISCLAIMER - Thomson Reuters accepts no responsibility for the views or opinions expressed by the presenters or any other persons at the Event.
FORCE MAJEURE - Thomson Reuters will not be liable for compensation for any matter or disruption outside its control (e.g. evacuations, road closures, bad weather, earthquake, flight cancellations or road closures).
