The rise of digital currencies has whetted the appetite of businesses, investors and techies. Many have dipped into this realm and transformed the way they do business or at least the way they get paid! But, where there is revenue, there follows the tax-man.
Since the Inland Revenue Authority of Singapore first published its e-Tax guide on
GST for Digital Payment Tokens, much more has been discussed, especially in recent times. What does it mean when companies issue digital currencies? How do digital payment tokens work in the electronic marketplace? How should the GST be applied?
Join in this upcoming session to explore this virtual world and catch up on what has been said. More importantly, be conversant on the GST impact. Facilitated by Accredited Tax Advisor (GST) Mr Richard Mackender, Indirect Tax Leader at Deloitte South East Asia and currently based in Singapore, this session promises to bring you up to speed on the workings of the digital world and what has been said in the e-Tax guide.
Richard Mackender ATA (GST)Indirect Tax Leader
Deloitte Southeast Asia and Singapore
Richard has over 25 years of Indirect Tax experience serving both local and multinational companies in Asia Pacific and the UK. He also leads Deloitte’s Southeast Asia Indirect Tax practice and specialises in advising large corporates on their indirect tax-related activities, not only from a Singapore GST perspective, but also regarding the wider Asia Pacific VAT/GST issues that arise.