The year 2020 not only saw the onslaught of a pandemic, but it was also the year where several important decisions took the attention of many tax professionals. Despite the long-established principles in tax law, they continue to raise several points of contention that are worthy of closer inspection.
Diving into the landmark case concerning the deductibility of R&D expenses, this upcoming Tax Excellence Decoded session will be exploring the case of Intevac Asia Pte Ltd v CIT , amongst others, and deliver valuable insights into the judgment of the High Court. The year 2020 also saw the application of the general anti avoidance provision for professionals in the Singapore High Court decision of Wee Teng Yau v CIT .
Issues including the taxability of severance payments in CIT v Forsyth, John Russell  and the ascertainment of notional capital allowances in the context of the Section 13A exemption will be reviewed as well in GCN v CIT .
In addition to the above, other recent cases will be covered as well. Join Accredited Tax Practitioner (Income Tax and GST) Mr Allen Tan, Principal, and Mr Jeremiah Soh, Senior Associate, at Baker McKenzie Wong & Leow, as they dissect the various controversies, give their insights on the cases, as well as share what these mean to you and your clients.