Companies' Corporate Tax entitlements? While companies may lose billions during a crisis, poor financial results affect more than just the bottom line. On second thought, are they that bad for companies? - I wish I had known these rules earlier - This session deals with the treatment of tax losses and the diverse options available to the taxpayer in utilising tax losses.
This session is a mix of practical experience and academic knowledge.
1. Singapore tax system
2. Income tax principles regarding losses
3. Use of tax losses in tax planning
4. Continuity of ownership requirement - “Substantially the same”
5. Exploratory case study - TTT v Comptroller of Income Tax (2012)
Mr Kevin Matthaios LeeAdvisory Consultant
JPL Wong Tax Services Pte Ltd
Accredited Tax Practitioner (Income Tax)
Kevin, a business finance professional, is also a Subject-Matter Expert (SME) in the tax practise of a mid-tier professional services firm, while simultaneously holding a position as a trainer/facilitator where he shares his insights on the global issue in FRS, political science and economics and international business law. He has been a speaker at various seminars, and network (exclusive) events, inter alia, Wolters Kluwer (CCH), ISCA, CIMA and ACCA.