The corporate tax filing deadline is just round the corner! Sleep easier knowing that you have your pulse on various tax considerations in your clients’ or organisation’s tax returns.
The Singapore Chartered Tax Professionals is pleased to once again collaborate with the Inland Revenue Authority of Singapore (IRAS) to present to the tax community a session covering the common issues and errors in tax returns so that you can breeze through this tax season. What’s more, the session will recap various key tax updates for greater clarity on the areas to note when finalising your/ your clients’ corporate tax returns this year.
Register for this tips-packed session. Make this corporate tax season one that is a two-thumbs up for you in terms of clarity and compliance!
• Know what IRAS’ tax compliance strategy and focus are
• Understand the common issues encountered by and mistakes made by companies in areas such as:
- Tax exemptions for foreign-sourced dividends
- Interest expense
- Capital allowances
- Deductions pertaining to renovations and refurbishments
- Foreign tax credit
• Get a recap of the tax treatments in these key areas:
- Tax issues arising from COVID-19
- Tax treatment for trading stocks appropriated for non-trade or capital purposes
- Valuation of cost of trading stock converted from non-trade or capital asset
- Upfront expenses incurred to secure leases of immovable properties
- Deduction for expenses incurred during vacancy period between leases of immovable properties
- Exclusion of expenditure or payment subsidised by capital grant
• Be familiar with the resources available to aid with your tax return preparation and review
Ms Deborah LauSenior Manager, Corporate Tax Division - Branch 2
Inland Revenue Authority of Singapore
Accredited Tax Advisor (Income Tax)
Ms Crystal LiangTax Specialist, Corporate Tax Division - Branch 2
Inland Revenue Authority of Singapore
Accredited Tax Advisor (Income Tax)
Crystal is a Tax Specialist (Accredited) with Branch 2 of the Corporate Tax Division, focusing on tax compliance matters relating to companies in the wholesale sector.
Ms Ong Siew TiengTax Specialist, Corporate Tax Division - Branch 2
Inland Revenue Authority of Singapore
Accredited Tax Advisor (Income Tax)
Siew Tieng is a Tax Specialist (Accredited) with Branch 2 of the Corporate Tax Division, focusing on tax compliance matters relating to companies in the manufacturing & services sectors.