Insights to Tax Incentives on Funds by Family Offices: Section 130 & 13U (Live Webinar)


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Date:
10 October 2024, Thursday

Time:
09.00AM - 12.30PM
Venue:
Live Webinar in or outside of Singapore

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 course by ISCA aims to:

  1. Explain the key features and benefits of the Section 13O and 13U Family Office Tax Incentives in Singapore.
  2. Assess eligibility requirements for both incentive schemes, including family office structure, investment activities, and qualifying talent.
  3. Identify and understand the compliance obligations associated with claiming the incentives.
Develop a practical framework for applying for and managing the Section 13O and 13U Family Office Tax Incentives.

Programme Outline

A Highlight of Key Areas:
Introduction to Family Office Tax Incentives
  • Overview of S13O and S13U tax incentive schemes
  • Importance of family offices in Singapore's asset and wealth management industry
  • Key features and objectives of each incentive scheme

Eligibility Criteria and Requirements
  • Minimum AUM requirements
  • Investment professionals
  • Qualifications for investment professionals
  • Spending and capital deployment requirements

Tiered Spending and Capital Deployment
  • Tiered spending framework
  • Local business spending minimums
  • Capital deployment guidelines:
  • Eligible investments
  • Blended finance structures for sustainable development

Compliance and Reporting
  • Annual declarations
  • Private banking account requirements
  • Philanthropy Tax Incentive Scheme for Family Offices

Practical Application and Q&A
  • Strategies for meeting requirements
  • Sharing insights and best practices
  • Addressing participant queries

About the Presenter(s)/ Trainer(s)


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Ms Joanna Cheong
CA (Singapore), FCCA, ACTA
 
Accredited Tax Advisor (Income Tax) and Accredited Tax Practitioner (GST)


Joanna has experience in tax compliance, advisory, training and transfer pricing projects. She had completed Advanced Tax Programme (Executive Programme Level III) organized by the Tax Academy of Singapore in 2017 and attained competency in Advanced Certificate in Training Assessment (ACTA) awarded by the Singapore Workforce Skills Qualifications (WSQ) in 2019.

She is also an adjunct lecturer teaching Singapore Taxation modules for ACCA and Singapore Chartered Accountant Qualification programs.
 
Joanna was formerly the Head of Academic & Strategic Partnership of Kaplan Learning Institute before moving onto full-time tax practice. She led and managed the academic team to achieve academic standards and was also a member of the Examination Board.
 
Despite working full time as a Tax Partner at an accounting firm, she enjoys imparting her knowledge in taxation during her spare hours.








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