Corporate Tax Workshop for Non-Tax Professionals (Synchronous e-learning)


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Date:
17 July 2025, Thursday - 18 July 2025, Friday

Time:
09.00AM - 05.00PM
Venue:
Online Classroom in or outside of Singapore

Details/ Promotion:
Please click here for more details and to register. 
Accredited tax professionals enjoy members' rate for selected ISCA courses! Refer to the Course Listing in SCTP's Taxcellence newsletter or write to enquiry@sctp.org.sg with your SCTP Membership number for the special promo code only for SCTP Members.
Contact:
Please refer to organiser’s webpage here.
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Programme Synopsis

Whether you are the CEO of a small or large organization; or a manager or executive in a finance or non- finance role, you would benefit from this workshop as you would learn and gain insights into essential tax laws and practices in Singapore as well as common practical tax planning techniques.  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.

The topics covered in this ISCA workshop is pitched at a macro level and would be relevant to any professional who is concerned with the bottom line (i.e. profit after tax) of his organisation. 

As this is a basic corporate tax programme, it is more suitable for non-tax professionals or very junior tax professionals.

Programme Outline

Day 1
 
  • Topic 1:  Introduction to Singapore Tax System
    - Introduction & overview
    - Legislative framework for taxation
    - Income tax administration
    - Structure of Income Tax Act
    - Basic tax concepts
    - territorial basis
    - tax entities
    - year of assessment and basis period
    - tax residence

  • Topic 2:  Concept of Income
    - Distinction between income and capital
    - Source of Income
    - “Trading in” vs. “Trading With”
    - Concept of Permanent Establishment
    - Charging Provision: Section 10(1)
    - Deemed Remittance Rules
    - Trade, business, profession, vocation
    - Tax exempt income
    - Deemed source income

  • Topic 3: Tax Deductions
    - Distinction between revenue and capital expenditure
    - General deduction formula
    - Allowable expenses
    - Prohibited expenses
    - Special, further and double deductions
    - Donations
    - Productivity and Innovation Credit (PIC) 

  • Topic 4:  Capital Allowances
    - Concept of capital allowances
    - Plant & machinery allowances
    - Writing Down Allowance (WDA)
    - Productivity and Innovation Credit (PIC)
    - Industrial Building Allowance (IBA) / Land Intensification Allowance (LIA)

Day 2
 
  • Topic 5: Taxation of Businesses
    - Chargeable income and tax liability
    - Relief for unabsorbed trade losses, capital allowances & donations
    - Loss transfer system of group relief
    - Loss carry-back system
    - Dividends & distributions of corporate profits
    - One-tier corporate tax system
    - Sample tax computation

  • Topic 6:  Taxation of Non-Residents
    - Deeming provisions
    - Withholding tax
    - Non-residents doing business in Singapore
    - Permanent establishments

  • Topic 7:  Taxation of Foreign Income
    - Basis of taxation of foreign income
    - Deemed remittance rules
    - Tax exemption for foreign source income
    - Methods of relieving double taxation
    - Claims for foreign tax credits
    - Double taxation relief (DTR)
    - Unilateral tax relief (UTR)
    - Double taxation agreements (DTAs)

About the Presenter(s)/ Trainer(s)


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Ms Linda Foo
Accredited Tax Advisor (Income Tax)
 


Linda Foo recently retired from Deloitte Singapore after more than 30 years with the firm, the last 25 years as a tax partner. During her tenure with Deloitte, she held local and regional leadership roles in the area of tax quality and risk management.  She was also recognised by the International Tax Review as one of the leading tax practitioners on a number of occasions.
 
Her extensive experience encompasses personal and company tax compliance, as well as consultancy and advisory services in Singapore and international tax matters.  This includes expatriate tax planning, corporate restructuring, tax due diligence, inbound and outbound investments, cross border payments, supply chain planning, merger and acquisition and permanent establishment issues.
 
Before joining Deloitte, Linda spent about 8 years with the Inland Revenue Authority of Singapore where she built up a strong foundation in Singapore corporate and individual tax.Linda has spoken at numerous tax seminars organised by Deloitte and other conference organisers. She also conducted extensive training for Deloitte staff, clients and Institute of Singapore Chartered Accountants (ISCA).. In addition, Linda appeared on a number of TV and radio programs in both English and Mandarin, to share her views on current tax issues. She served as a member of the then ICPAS (now ISCA) Continuing Professional Education Committee before it was disbanded.
 
Linda graduated from National University of Singapore (NUS) with a Bachelor of Accountancy degree followed by an MBA degree at NUS. She was an adjunct Associate Professor at NUS where she taught a basic tax module to undergraduates pursuing an accounting degree.  She is a Fellow member of the ISCA and an Accredited Tax Advisor (Income Tax) with the Singapore Chartered Tax Professionals (SCTP).








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