Blockchain technology and Digital Payment Tokens (DPTs), such as Bitcoin and Ethereum, are becoming increasingly mainstream in today’s fast-moving digital economy. As a result, GST considerations are becoming increasingly relevant for businesses transacting in digital assets. Tax professionals must be equipped to address the evolving implications with clarity and confidence.
Get an overview of the blockchain landscape, unpack the characteristics of DPTs and examine the GST treatment of their supply at this session helmed by Accredited Tax Advisor (GST) Mr Jackson Cai, Executive Director, Goods & Services Tax at BDO Singapore. Explore common transaction scenarios, including trading activities, exchange services and the use of DPTs as payment, and identify key compliance and reporting considerations.
Gain a deeper understanding of how GST applies to digital tokens and strengthen your ability to advise your firm and clients.
- Understand the fundamentals of blockchain technology and how digital tokens operate
- Identify the key characteristics of Digital Payment Tokens (DPTs)
- Examine the GST treatment applicable to the supply of DPTs
- Analyse common transaction scenarios, including trading, exchange services, and token-based payments
- Navigate GST compliance obligations and reporting considerations when transacting in digital tokens
SCTP reserves the right to vary any aspect of the event/ webinar should the situation warrant or due to unforeseen circumstances. This includes but not limited to the following: cancel the programme, change the venue, speakers, programme dates, fees and CPE hours. SCTP will take reasonable effort to notify participants of the changes.