SCTP: Engage. Enlighten. Enhance. @sctp_tax

SCTP: Engage. Enlighten. Enhance.

20 Feb, 00:36

We are the tax professional body dedicated to Everything Tax #SCTP2024YearInReview

While there was Something Hot, Something New (many things actually!) and Something Fun in 2024, it was always everything tax.

👉Click here to see more.👀 Be sure to swipe right to the end!

Whether it was a bridge towards better understanding of tax implications, the nodes to new connections or simply the impetus to greater things and higher growth, it was always about promoting, in the public interest, tax excellence and facilitating the success of tax advisors and executives in their professional journeys.

Keep yourself updated on the latest tax developments on SCTP’s website.

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SCTP: Engage. Enlighten. Enhance.

19 Feb, 09:18

This week's Pulse on Tax:

• How Tax Professionals Can Play a Role in a Company’s Sustainability Journey

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

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SCTP: Engage. Enlighten. Enhance.

19 Feb, 04:07

🆕‼️SCTP’S ANNUAL TAX CASES SESSION IS BACK! ⚖️🧑‍⚖️

💼 The Core and Crux of 2024’s Singapore Tax Cases, 26 March 2025📑

The year 2024 provided us with tax cases covering both perennial and novel issues. Even with case laws as references, classic topics such as (i) capital allowance claims for plant and machinery, (ii) assessing whether gains are of an income nature and taxable or (iii) the scope of anti-avoidance provisions continue to punctuate the tax disputes scene in 2024.

Join the team from Baker & McKenzie.Wong & Leow to gain insights on the notable tax cases of 2024 and their implications for taxpayers.

👉Register HERE!👈

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SCTP: Engage. Enlighten. Enhance.

19 Feb, 00:32

‼️✌️TWO-PART MALAYSIA TP SERIES: PART 1 IS OVER. DON’T MISS OUT ON PART 2!🔊🗣

🆕 The New Transfer Pricing Audit Framework in Malaysia, 4 April 2025 🇲🇾

Can you net off related-party transactions to stay below Malaysia’s RM1 million threshold for contemporaneous transfer pricing documentation? Click here for the answer, which was shared in last Friday’s “New TP & TP Audit Guidelines in Malaysia – Part 1” webinar.

Don’t miss out on Part 2’s session, which focuses on the key intricacies of Malaysia’s TP audit framework. For example, a comprehensive transfer pricing audit can cover a period of up to six years of assessment. However, this may be extended to seven years of assessment when the Inland Revenue Board of Malaysia raises transfer pricing adjustments.

➡️Click HERE to register!

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SCTP: Engage. Enlighten. Enhance.

18 Feb, 11:04

❗️The much-awaited Singapore Budget Announcement has been delivered and the Annexes are out too❗️

Click here to download.
Get reading. Get talking!

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SCTP: Engage. Enlighten. Enhance.

18 Feb, 09:19

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Commentary: US Pulls out of United Nations Tax Negotiations

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

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SCTP: Engage. Enlighten. Enhance.

18 Feb, 00:34

‼️NEW COMPLIMENTARY WEBINAR FOR THE ACCREDITED🚨

🔠🔢 Know The ABCs and 1-2-3s of Amount B Global Updates 🌐📚

Get ready for the game-changer in the tax world with the latest ongoing developments on Pillar 1 Amount B.

While many were immersed in the festivities last December, the OECD dished out its Christmas present in the form of the pricing tool and fact sheets on Amount B to help companies ease the implementation burden.

Join the team from EY Singapore’s International Tax and Transaction Services, Transfer Pricing Department – Accredited Tax Advisors (Income Tax) Mr Jonathan Belec, Partner, and Mr Stephen Lam, Partner, in this session that promises to help you navigate through the new transfer pricing world under Pillar 1 Amount B.

➡️Click HERE to register! SCTP Members enjoy COMPLIMENTARY access.

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SCTP: Engage. Enlighten. Enhance.

17 Feb, 09:19

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Opinion: Transfer Pricing Considerations for Singapore Companies Engaging in the Johor Special Economic Zone (JS-SEZ) Deal

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

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SCTP: Engage. Enlighten. Enhance.

17 Feb, 00:34

🤖🛡FREE WEBINAR: Safeguard Your Practice Against Cyber Threats! ⚔️🆓

Uncover the strategies to safeguard your practice against cyber threats and discover the best practices in data protection in this upcoming COMPLIMENTARY webinar on 2 April, Wednesday!

• Be familiar with the current cybersecurity threat landscape
• Understand data breach mitigation measures and PDPA implications
• Grasp the essentials of cybersecurity & data protection, and know the available support in terms of grant and resources

👉Register HERE!👈

Check out the rest of the Supercharge Your Practice series too:

• Top Tips in Managing and Implementing Digitalisation Projects – Watch the FREE webinar recording. (ONLY FOR SCTP MEMBERS: Log in to your account for direct access to past webinars on-demand)

• Top Tips for a Balanced Digitalisation Formulae – Sign up for this FREE webinar now!

• Managing Cyber Incidents*

• Technology Governance and Oversight*

*Registration for these in-person sessions will be opened nearer the date.

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SCTP: Engage. Enlighten. Enhance.

16 Feb, 03:17

Enjoy this 💝special Valentine’s Day edition💘 of your weekly dose of tax humour😹😁😆

Roses are red, violets are blue… 🌹💐💙
… I’d donate my love, if it were deductible too! 😍🫰😂😆

Have a great Sunday, everyone!

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SCTP: Engage. Enlighten. Enhance.

14 Feb, 09:19

A random pick of tax positions available in Singapore where accreditation is preferred!

Tax Manager – MKG Consulting

For more tax jobs, visit SCTP’s jobs page!

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SCTP: Engage. Enlighten. Enhance.

14 Feb, 04:07

🆕🆓 NEW & FOC FOR MEMBERS: Unpacking Pillar 1 Amount B Developments, 13 March 2025 🧳🌍

• Understand the Pillar 1 Amount B implications including implementation guidance published by OECD.
• How to identify in-scope transactions for Pillar 1 Amount B
• Be familiar with Pillar 1 Amount B calculation
• Be informed of the latest global updates on Pillar 1 adoption and what lies ahead
• Know the practical considerations and key pointers organisations need to note for the upcoming implementation of Pillar 1 Amount B

Registration is COMPLIMENTARY for The Accredited – Sign up now!

➡️Click HERE to register!

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SCTP: Engage. Enlighten. Enhance.

14 Feb, 00:35

Who said one must need an accountancy degree to pursue a career in tax? #TaxRocks

Meet Accredited Tax Practitioner (Income Tax) Vincent Pang. He started out studying law and found his true calling in the tax profession.

Discover how a supportive mentor and the vast opportunities in this niche industry led him to build a rewarding career as a tax professional.

Tax Rocks!

Stay tuned to the Tax Channel to hear about Vincent’s challenging tales from navigating the tax terrain.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

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SCTP: Engage. Enlighten. Enhance.

13 Feb, 09:19

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Commentary on the Changes to the Tax Incentive Schemes for non-SFO Funds

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

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SCTP: Engage. Enlighten. Enhance.

13 Feb, 00:35

☯️😁 Like yin and yang, it is important to strike a balance in tax work with Something Fun #SCTP2024YearInReview

Who said tax is boring and tax work is all serious stuff only?

When tax people come together, always a great conversation maketh.

Click here to see more. Be sure to swipe right to the end!

Missed all the fun? Do make sure you are following SCTP’s LinkedIn!

Click to know what was Something Hot and Something New in 2024, and stay tuned for Everything to do with Tax!

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SCTP: Engage. Enlighten. Enhance.

12 Feb, 09:19

This week's Pulse on Tax:

• Singapore-Headquartered Firms Can Use Johor-Singapore SEZ as Manufacturing Base

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

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SCTP: Engage. Enlighten. Enhance.

12 Feb, 00:34

🆕🆓 NEW & COMPLIMENTARY: Top Data Protection and Cybersecurity Secrets, 2 April 2025 🤖🔐🤐

Missed the first installment of SCTP’s upsized digitalisation series for 2025, in collaboration with RSM Singapore, on managing and implementing digitalisation projects? Be sure to watch the recording on SCTP’s website.

The Accredited have direct access – Simply log in to your account to watch past webinars on-demand!

In the meantime, make sure you don’t miss out on the next COMPLIMENTARY webinar in the digitalisation series! Secure your spot now to pick up insights on the Top Data Protection and Cybersecurity Secrets on 2 April, Wednesday.

👉Register HERE!👈

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SCTP: Engage. Enlighten. Enhance.

11 Feb, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Indonesia: New Tax Regulations for the Implementation of the Core Tax Administration System from 2025

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

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SCTP: Engage. Enlighten. Enhance.

11 Feb, 00:33

⌛️⌚️REGISTRATION CLOSES TOMORROW: Last Call to Join for Malaysia TP Takeaways! 🇲🇾🇸🇬

Malaysia’s new Transfer Pricing (TP) Guidelines and TP Audit Framework are now in effect. Are you prepared? Businesses with cross-border transactions must act fast to stay compliant.

Join Transfer Pricing Solutions Asia’s team for this essential two-part webinar series to break down the latest TP changes across the Causeway:
📌 Part 1: TP Guidelines – 14 February, Friday, 10.00am
📌 Part 2: TP Audit – 4 April, Friday, 10.30am

Don’t miss your 🚨FINAL OPPORTUNITY🚨 to register for Part 1! This Friday’s session will cover key regulatory updates, cross-border TP comparisons, and the critical tax implications of Malaysia’s new TP Guidelines. Register NOW before it’s too late!

💡BONUS 1-FOR-1 PROMOTION: Tick BOTH event boxes when you submit our Event Form to unlock COMPLIMENTARY access to Part 2’s session on TP audits! This promotion ends when registration closes for Part 1’s session.

➡️Click HERE to register!

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SCTP: Engage. Enlighten. Enhance.

10 Feb, 09:19

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Updated List of Reportable Jurisdictions for 2017 - 2024 CRS Information Reporting

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

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SCTP: Engage. Enlighten. Enhance.

09 Feb, 03:17

Back with your weekly dose of tax humour 😹😁😆

Why did the goose have a big tax refund? 🦆💰💵
Because his bill was tax de-duck-table. 🤪🤣🐦

Have a great Sunday, everyone!

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SCTP: Engage. Enlighten. Enhance.

07 Feb, 09:19

A random pick of tax positions available in Singapore where accreditation is preferred!

Group Tax, Manager – Sembcorp Industries

For more tax jobs, visit SCTP’s jobs page!

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SCTP: Engage. Enlighten. Enhance.

07 Feb, 00:36

🆕😁 The news of new. The smiles from smiles. #SCTP2024YearInReview

Perhaps it was 2024’s fengshui as some might say or perhaps change was well, same same yet so different. Whatever it was, change was (still is!) in the air in the tax world.

Click for a recap of the new initiatives (planned with much care and effort) specially designed for the tax community with a focus on the accredited (of course!).

Follow SCTP on LinkedIn, check out our upcoming events and stay tuned for more new and exciting plans in 2025!

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SCTP: Engage. Enlighten. Enhance.

06 Feb, 00:34

❗️REGISTRATION CLOSING SOON⚠️

📊🔎 Critical TP Insights for Singapore-Based Businesses in Malaysia 🇲🇾🇸🇬

With the publication of Malaysia’s new TP Guidelines and TP Audit Framework at the end of last year, it is essential for businesses with cross-border operations in Singapore and Malaysia to stay ahead of the game in 2025.

Join the Transfer Pricing Solutions Asia team in a two-part series:
Part 1: TP Guidelines – 14 February, Friday, 10.00am
Part 2: TP Audit – 4 April, Friday, 10.30am

Gain essential insights into Malaysia’s TP regime, its intersection with Singapore’s regulations, and the practical tax implications for businesses operating in both countries.

Ensure you and your clients are prepared for the changes ahead. Registration for Part 1 is CLOSING SOON. Sign up for this critical, cross-border tax learning opportunity now before it’s too late!

3-IN-1 PROMOTION: Click to find out how to attend three webinars for the price of one!

➡️Click HERE to register!

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SCTP: Engage. Enlighten. Enhance.

05 Feb, 09:19

This week's Pulse on Tax:

• Opinion: Two Pillars Early 2025 - Ridiculousness

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

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SCTP: Engage. Enlighten. Enhance.

05 Feb, 00:34

❗️REGISTRATION CLOSING SOON⚠️

🇲🇾🇸🇬 Get Ready for The Next Wave of Cross-Border Tax Challenges! 🌊🏄‍♂️

As Singapore and Malaysia prepare to launch the Johor-Singapore Special Economic Zone (JS-SEZ), stay ahead of emerging developments!

Get an early look at the tax implications for businesses, including tax incentives, corporate tax, transfer pricing, and individual tax considerations. Learn from experts on both sides of the Causeway and understand the potential opportunities and challenges your clients may face.

Join in this insightful dialogue and ensure you are prepared to provide strategic guidance in this exciting new economic landscape. Registration is CLOSING SOON so act fast!

3-IN-1 PROMOTION: Tick all three event boxes (JS-SEZ, Malaysia's new Transfer Pricing (TP) Guidelines & TP Audit Framework) when you submit the Event Form and indicate "TP Takeover Promo" in the 'Other Requirements' field under the Billing Section. You will only be invoiced for one webinar.

👉Register HERE!👈

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SCTP: Engage. Enlighten. Enhance.

04 Feb, 00:32

❗️REGISTRATION CLOSING SOON⚠️

🫵 Are You Prepared for the Side Hustle Economy Boom? 💥

As more individuals explore non-traditional income streams, it is essential for tax professionals to stay informed about the tax implications of earnings from side jobs, investments, and hobbies.

Join SCTP and IRAS for a comprehensive webinar on the latest individual income tax changes for 2025. Learn when your clients' hobbies or side jobs become taxable, and get clarity on the reporting requirements for income from investments such as stocks, cryptocurrencies, and properties.

Stay ahead of this rapidly growing trend, avoid common pitfalls, and ensure smooth sailing through the individual income tax season. Registration is CLOSING SOON – Sign up before it’s too late!

➡️Click HERE to register!

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SCTP: Engage. Enlighten. Enhance.

03 Feb, 00:33

🚨‼️Registration Closes TONIGHT: LAST CALL for Digitalisation Insights 🆓⏰

Don't miss out on your FINAL opportunity to sign up for this Wednesday’s COMPLIMENTARY session, specially tailored for tax professionals.

Whether you are a practice owner or tax head, this session will equip you with essential insights to manage digitalisation projects effectively and stay ahead in the digital era.

Learn how to navigate escalating costs, implement best practices, and leverage available resources to ensure your practice thrives in this digitalisation-driven world. Best of all, all these practical insights and more are available to you for FREE!

5 Feb: Top Tips in Managing and Implementing Digitalisation Projects *LAST CALL*

2 Apr: Top Data Protection and Cybersecurity Secrets

14 May: Top Tips for a Balanced Digitalisation Formulae

Tick the above event boxes when you submit the Event Form to register for all three COMPLIMENTARY webinars in our digitalisation series at once!

👉Register HERE!👈

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SCTP: Engage. Enlighten. Enhance.

02 Feb, 03:18

Enjoy this 🏮festive Year of the Snake edition 🎊 of your weekly dose of tax humour 😹😁😆

What’s a snake’s favorite part of tax season? 🐍📑📚
Finding a 蛇-prise (surprise) refund after slithering through all the receipts! 🤩🥳😝

Have a great Sunday, everyone!

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SCTP: Engage. Enlighten. Enhance.

31 Jan, 09:18

A random pick of tax positions available in Singapore where accreditation is preferred!

GST, Tax Associate/ Senior - BDO LLP

For more tax jobs, visit SCTP’s jobs page!

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SCTP: Engage. Enlighten. Enhance.

31 Jan, 00:33

🆕🎉New Year. New Programmes!🎊📑

SCTP is excited to kick off yet another brand new initiative that aims to be an octane booster for tax professionals to leap further ahead this year.

In addition to tax (technical) articles and information, a section in SCTP’s website will be dedicated to curating great reads and ‘should-watch’s on interesting topics, essential soft skills, useful work hacks, personal development tips and more!

This month, we set you thinking to reset your very own mindset and boost your year ahead.

Swipe for some fresh perspectives to recalibrate for the new year.

Find everything featured in this post on SCTP’s Articles page (Scroll down to the ‘General – Personal Development’ section)!

🤫🤭 PSST... Featured on LinkedIn first 👀 Follow SCTP’s page NOW and never miss out on a post again! 🤝

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SCTP: Engage. Enlighten. Enhance.

28 Jan, 04:03

🖼 Get the Full Picture of Malaysia’s New Transfer Pricing (TP) Landscape 🇲🇾⛰

Take a deep dive into Malaysia’s new TP Guidelines and TP Audit Framework in this comprehensive two-part webinar series!

Part 1: TP Guidelines – 14 February, Friday, 10.00am
Part 2: TP Audit – 4 April, Friday, 10.30am

The first session focuses on exploring the key updates in the TP Guidelines while the second session navigates Malaysia’s extended TP audit framework.

Gain a holistic understanding of the revised rules, practical insights for cross-border compliance, and key considerations for businesses with a presence in Singapore and Malaysia.

Sign up today!

Twin Webinars Promotion: Attend both sessions for the price of one when you register for both sessions at once! Tick both the Part 1 & Part 2 event boxes when you submit the Event Form. You will only be invoiced for one webinar.

➡️Click HERE to register!

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SCTP: Engage. Enlighten. Enhance.

28 Jan, 00:34

🇲🇾🇸🇬 What does the Johor-Singapore Special Economic Zone (JS-SEZ) mean for tax advisors as strategic partners of business owners? 🤝🆕

• Get an overview of key highlights of the unique economic zone managed by two countries
• Gain an awareness of the various tax issues:
- Tax incentives
- Corporate tax
- Transfer pricing
- Individual tax
• Walk away with fresh perspectives and business and tax implications you may not have thought of

TP Takeover Promotion: Sign up for this session now and enjoy COMPLIMENTARY access to the twin webinars on Malaysia's new TP and TP Audit Guidelines – “Part 1: TP Guidelines” (14 February) and "Part 2: TP Audit" (4 April)!

Tick the event boxes for all three upcoming TP sessions when you submit the Event Form and indicate "TP Takeover Promo" in the 'Other Requirements' field under the Billing Section. You will only be invoiced for one webinar.

👉Register HERE!👈

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SCTP: Engage. Enlighten. Enhance.

27 Jan, 09:19

🧩 Decode Complex Individual Tax Scenarios from Stock-Based Remuneration to Side Hustles🕵️

Are you ready to tackle the challenges of individual income tax for YA 2025?

Join in for our annual individual tax webinar with the tax authority covering complex individual tax scenarios, including stock-based remuneration reporting, side hustle taxability, and income from investments.

Gain clarity on misunderstood areas like tracking overseas employees' shared gains, deferred tax reporting, and when hobbies become taxable.

Don’t miss your opportunity to sharpen your expertise, avoid costly filing mistakes, and get your questions answered directly by the IRAS officers.

Elevate your tax game and breeze through the filing season. Registration is CLOSING SOON so hurry, secure your spot now!

➡️Click HERE to register!

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SCTP: Engage. Enlighten. Enhance.

27 Jan, 04:04

❗️Closing Soon❗️

🔑🆓 Key Considerations to Take Note of for Digitalisation Project Management 🤖

“If you fail to plan, you plan to fail” - This is apt for many things but especially when it comes to managing technology and digitalisation strategies.

With significant investments needed for adoption and progress, it pays to know the essentials and grasp the big picture in order to plan ahead.

Join SCTP in this upgraded digitalisation series, in collaboration with RSM Singapore, with the first COMPLIMENTARY webinar on Top Tips in Managing and Implementing Digitalisation Projects. Act fast, registration closes soon!

Supercharge your practice with a hardy technology plan: Sign up for the two other upcoming webinars in our digitalisation series too – Top Data Protection and Cybersecurity Secrets and Top Tips for a Balanced Digitalisation Formulae.

Tick the above event boxes when you submit the Event Form to sign up for all three COMPLIMENTARY webinars in our digitalisation series at once!

👉Register HERE!👈

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SCTP: Engage. Enlighten. Enhance.

27 Jan, 00:34

🔍🕵️The Search for Wally Ends TOMORROW! 💰🤑

This is your LAST CALL to join the search for Where's Wally in both images above and stand a chance to win up to $20 OFF on any of SCTP’s applicable chargeable programmes in 2025!

Hurry, send in your answers to us by TOMORROW, 28 January to take part in our festive giveaway before the Lunar New Year 👀🔍

Where’s Wally in the images above?

1) Follow SCTP on LinkedIn and send in the correct answer. Each correct answer gets you a $5 voucher for any of SCTP’s applicable chargeable programmes in 2025.

2) Follow SCTP, send in the correct answer AND repost our LinkedIn posts [Track & Field | Museum] for an additional voucher for each repost.

3) Email [email protected] with your answer by 28 January. Please include your LinkedIn profile URL (for verification purposes). Only one submission for this post per person/ email address.

Stand out.
Get recognised.
Don’t be lost in the crowd!

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SCTP: Engage. Enlighten. Enhance.

26 Jan, 03:17

Enjoy this 🏮festive Year of the Snake edition 🎊 of your weekly dose of tax humour 😹😁😆

Why do snakes make great tax professionals? 🐍🤔🤨
Because they know how to scale up their savings and coil through the complexities to come out on top! 📈💰🌀🔝🤣😁

Have a great Sunday, everyone!

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SCTP: Engage. Enlighten. Enhance.

24 Jan, 09:19

A random pick of tax positions available in Singapore where accreditation is preferred!

International Tax Advisory Professionals, Associate/ Senior Associate/ Assistant Manager – Deloitte Singapore

For more tax jobs, visit SCTP’s jobs page!

440

SCTP: Engage. Enlighten. Enhance.

24 Jan, 00:35

The Many Myths of Tax #TaxRocks!

Tax is a specialised (‘niche’) career and thus opportunities are limited. Progression pathways are not as wide as other professions.

Heard this before and are amused by it because the truth cannot be further from it? Just check out the numerous varied paths accredited tax professionals have trotted under the hashtag #TaxRocks.

What other myths or questions not typically addressed but often wondered are there? What are some wise thoughts you might offer to graduates or mid-career professionals considering a tax career? Here are some thoughts from Accredited Tax Advisor (GST) Jeremy O'Neill.

Catch up on: Part 1 | Part 2 | Part 3

Tax Rocks!

Stay tuned to the Tax Channel for even more inspiring stories about the varied paths in tax.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

468

SCTP: Engage. Enlighten. Enhance.

23 Jan, 09:19

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Johor-Singapore Special Economic Zone: Special Corporate Tax Rate for Investments in High-Growth and High Value-Added Activities Expected

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

453

SCTP: Engage. Enlighten. Enhance.

23 Jan, 04:05

🆕🗝 Key Areas of Malaysia’s TWO NEW Transfer Pricing Guidelines 🇲🇾2️⃣

As the world was getting ready to celebrate Christmas last month, Malaysia disseminated its new Transfer Pricing Guidelines and Transfer Pricing Audit Framework on 24 December 2024.

How are the rules applied in the guidelines? What are the notable areas to bear in mind for businesses? What are the key areas to note for companies that have cross-border presence in both Singapore and Malaysia?

Join the team from Transfer Pricing Solutions Asia as they unpack the practical implications of these two key publications in two sessions:

14 February, Friday, 10.00am: Part 1: TP Guidelines

4 April, Friday, 10.30am: Part 2: TP Audit

Don’t miss out on the Twin Webinars Promotion! Enjoy COMPLIMENTARY access to 4 April’s webinar when you sign up for both sessions at once by ticking the event boxes in our Registration Form!

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SCTP: Engage. Enlighten. Enhance.

23 Jan, 00:34

🆕‼️ What’s the Deal with the Johor-Singapore Special Economic Zone (JS-SEZ) 🇸🇬🇲🇾

It is not Singapore Budget yet and already 2025 has much to talk about! One of the hottest topics this month is the JS-SEZ jointly run by Malaysia and Singapore that will see the creation of 20,000 skilled jobs in the first five years.

SCTP is delighted to bring together expertise within the profession from both sides of the Causeway to weigh in on this unique opportunity for businesses and tax advisors. Join in the dialogue and share your perspectives too!

TP Takeover Promotion: Sign up for this session now and enjoy COMPLIMENTARY access to the twin webinars on Malaysia's new TP and TP Audit Guidelines – “Part 1: TP Guidelines” (14 February) and "Part 2: TP Audit" (4 April)!

Tick the event boxes for all three upcoming TP sessions when you submit the Event Form and indicate "TP Takeover Promo" in the 'Other Requirements' field under the Billing Section. You will only be invoiced for one webinar.

👉Register HERE!👈

398

SCTP: Engage. Enlighten. Enhance.

22 Jan, 09:19

This week's Pulse on Tax:

• Commentary on Changi Airport Group (Singapore) Pte Ltd v Comptroller of Income Tax [2024] SGHC 281

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

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SCTP: Engage. Enlighten. Enhance.

22 Jan, 00:32

👀🔑 Peer into the Pitfalls & Key Pointers to Ace Individual Income Tax Matters 🔝📈

Whether you're a seasoned tax professional or just starting your journey, this is your opportunity to stay ahead in the ever-changing world of individual income tax.

Join the team from the Inland Revenue Authority of Singapore in our annual individual tax session and take this opportunity to clarify your doubts with the tax officers and sharpen your understanding of the latest developments in tax regulations.

➡️Click HERE to register!

451

SCTP: Engage. Enlighten. Enhance.

21 Jan, 09:19

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Commentary: Transfer Pricing Dispute Resolution

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

417

SCTP: Engage. Enlighten. Enhance.

21 Jan, 00:34

🔝🆕 Top Tips in Managing and Implementing Digitalisation Projects 🆓🤖

Discover practical tips and considerations when investing and managing digitalisation projects at this upcoming COMPLIMENTARY webinar which covers:

• Know the support and resources already available to companies
• Understand the best practices to implement at every project stage
• Hear the tips to manage common practical issues like escalating costs

Tick the event boxes for Top Data Protection and Cybersecurity Secrets and Top Tips for a Balanced Digitalisation Formulae too to sign up for all THREE COMPLIMENTARY webinars in this digitalisation series at once!

👉Register HERE!👈

490

SCTP: Engage. Enlighten. Enhance.

20 Jan, 09:19

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

ABSD Tweaks and Tax Transparency Treatment for S-Reits Eyed by Property Players for Budget 2025

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

425

SCTP: Engage. Enlighten. Enhance.

19 Jan, 03:18

Back with your weekly dose of tax humour 😹😁😆

Why are taxes like golf? 🏌️⛳️
Because understanding the dynamic landscape helps you avoid unnecessary penalties! ⛰🗾😁🤣

Have a great Sunday, everyone!

548

SCTP: Engage. Enlighten. Enhance.

17 Jan, 09:19

A random pick of tax positions available in Singapore where accreditation is preferred!

Senior Tax Executive – BGC Group

For more tax jobs, visit SCTP’s jobs page!

632

SCTP: Engage. Enlighten. Enhance.

17 Jan, 06:07

🆕‼️The New Transfer Pricing (TP) and TP Audit Guidelines in Malaysia! 🇲🇾🌍

• Know what has been published in the guidelines and framework
• Be familiar with Malaysia’s transfer pricing regime vis-à-vis Singapore’s
• Distil the similarities and differences to understand the tax implications
• Know the practical considerations and key pointers to note for businesses in Singapore with presence in Malaysia

14 February, Friday, 10.00am: Part 1: TP Guidelines

4 April, Friday, 10.30am: Part 2: TP Audit

Malaysia TP Twin Webinars 1-for-1 Promotion: Sign up for both webinars at once to enjoy a special promotion! Click above for more details and to register now.

320

SCTP: Engage. Enlighten. Enhance.

17 Jan, 00:33

As a tax professional, one wears many hats. #TaxRocks!

You are a problem-solver, strategic advisor, enthusiastic learner, and very often being the conduit for greater understanding of complex tax regulations for real-world applications.

Follow Accredited Tax Advisor (GST) Jeremy O'Neill’s journey as he shows that tax is about more than numbers – it's about making a difference.

Missed Jeremy's earlier insights? Catch up on Part 1 and Part 2 here!

Tax Rocks!

Stay tuned to the Tax Channel to find out more why tax is about more than just numbers.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

344

SCTP: Engage. Enlighten. Enhance.

16 Jan, 09:24

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Goods and Services Tax Voucher Fund (Amendment No. 2) Regulations 2024

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

355

SCTP: Engage. Enlighten. Enhance.

16 Jan, 00:35

♨️🔥 Something (many things in fact!) hot, something new, something fun and everything tax. #SCTP2024YearInReview

Thank YOU for the very enthusiastic support throughout 2024. Not only did SCTP reach a new high in the number of tax professionals who benefitted from the sharings by the numerous tax and technology experts, practically everyone indicated they picked up at least one useful tip from each session.

We rounded off another ‘fantabulous’ year for the tax profession with SCTP pulling off yet another record-breaking year in the number of events where we tried very hard to have as many free events for members as possible.

Here’s to high-fives to the camaraderie, air-waves to all for it was YOUR passion for tax that drove SCTP to new highs with feet firmly on the ground and humble thanks to all who volunteered their time and effort to work on every crazy idea SCTP bounced off with you.

Stay tuned to the Tax Channel over the next couple of weeks as we look back on 2024 and celebrate all things tax and the tax community, starting with this post. Watch for just some highlights!

If you were not one of the thousands who have benefitted from an SCTP programme, be sure to join us this year. Sign up for our upcoming events NOW!

397

SCTP: Engage. Enlighten. Enhance.

15 Jan, 09:19

This week's Pulse on Tax:

• Singapore Publishes Subsidiary Legislation Supplement on BEPS 2.0 Pillar Two

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

377

SCTP: Engage. Enlighten. Enhance.

15 Jan, 00:36

‼️⬆️ Stay Updated for a Smooth-Sailing Individual Income Tax Filing Season! ⛵️🌊

Are you prepared for the latest changes and challenges in individual income tax? Want to learn from common mistakes and gain insights into areas that often perplex taxpayers and professionals alike?

The team from the Inland Revenue Authority of Singapore is back for SCTP’s annual individual tax session and they will be covering a comprehensive exploration of key topics, including the latest individual tax changes, insights into filing IR8A and stock-based remuneration, the taxability of income earned from side hustles and investments.

Seize this chance to stay informed and ensure smooth sailing through the individual income tax filing season!

➡️Click HERE to register!

404

SCTP: Engage. Enlighten. Enhance.

14 Jan, 09:19

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

The Multilateral Instrument (MLI) Changes to Singapore’s DTA with Mongolia Enters Into Force on 1 January 2025

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

379

SCTP: Engage. Enlighten. Enhance.

14 Jan, 00:33

Supercharge Your Practice with a Hardy Technology Plan!

We are teaming up with RSM Singapore again and this year’s digitalisation series is even bigger and better!

This curated series aims to give tax leaders a solid edge to leap ahead in this digital era by equipping participants with knowledge to establish confidence in this essential support function – technology.

5 Feb, Webinar: Top Tips in Managing and Implementing Digitalisation Projects

2 Apr, Webinar: Top Data Protection and Cybersecurity Secrets

14 May, Webinar: Top Tips for a Balanced Digitalisation Formulae

2 Jul, In-Person: Managing Cyber Incidents*

17 Sep, In-Person: Technology Governance and Oversight*

*Registration will be opened nearer the date.

429

SCTP: Engage. Enlighten. Enhance.

13 Jan, 09:19

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Updated IRAS Webpage on “Transfer Pricing” to Include Indicative Margin for Related Party Loans for 2025

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

409

SCTP: Engage. Enlighten. Enhance.

12 Jan, 03:18

Back with your weekly dose of tax humour 😹😁😆

What do you call a tax professional without a spreadsheet? 🧐💻📊
Lost. 🤣😁🗺

Have a great Sunday, everyone!

526

SCTP: Engage. Enlighten. Enhance.

10 Jan, 09:24

A random pick of tax positions available in Singapore where accreditation is preferred!

Corporate Tax, Tax Manager/ Senior Manager - RN Care Singapore

For more tax jobs, visit SCTP’s jobs page!

591

SCTP: Engage. Enlighten. Enhance.

10 Jan, 00:32

“For every sales transaction, just charge GST. Very simple.” Is it really so simple? #TaxRocks!

Hear from Accredited Tax Advisor (GST) Jeremy O'Neill, a GST specialist with over a decade of indirect tax experience, as he shares his most challenging moment in tax and the valuable lessons he's learned along the way.

If you missed Jeremy's tax journey from the UK to Singapore, catch up here!

What has been the biggest tax challenge you have experienced or heard from others in their tax careers?

Tax Rocks!

Stay tuned to the Tax Channel to find out more why tax is about more than just numbers.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

609

SCTP: Engage. Enlighten. Enhance.

09 Jan, 09:19

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

OECD Released Policy Paper on “Approaches to Linking Models to Assess the Impacts of Climate Change Mitigation Actions on Greenhouse Gas Emissions"

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

585

SCTP: Engage. Enlighten. Enhance.

09 Jan, 00:35

💰🤑 Singapore Budget 2025: What Are People Saying? 🗣🔊

• Singapore Chartered Tax Professionals
• Deloitte
• EY
• Singapore International Chamber of Commerce
• Singapore Manufacturing Federation
• Singapore National Employers Federation

Singapore Budget 2025 is set to be delivered on 18 February! What is on top of your Budget Wishlist this year? 🔝🧞‍♀️✨

637

SCTP: Engage. Enlighten. Enhance.

08 Jan, 09:19

This week's Pulse on Tax:

Key Highlights of the GST InvoiceNow Requirement

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

592

SCTP: Engage. Enlighten. Enhance.

08 Jan, 00:32

‼️📝 Get Steady with Personal Tax 📂🚨

The details of our annual individual income tax session with IRAS are now confirmed! Here’s what you can expect to be covered by the tax authority in this upcoming session:

1. Individual tax changes for YA 2025: Stay up to date with the latest regulations and adjustments

2. Filing of IR8A with a focus on stock-based remuneration:
- Understand various types of stock-based remuneration
- Learn about taxability and reporting in Singapore, including tax treatment timing and deemed vesting
- Clarify common misconceptions, such as tracking overseas employees' shared gains and deferred tax reporting

3. Taxability of income from side hustles and investments:
- Discover when your side hustle or hobby becomes taxable
- Understand the tax implications of various investments, including stocks, cryptocurrencies, and properties
- Learn when and how to report these incomes correctly

➡️Click HERE to register!

604

SCTP: Engage. Enlighten. Enhance.

07 Jan, 09:22

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Will Thailand Dethrone Singapore as Global Investment Hub in 2025

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

323

SCTP: Engage. Enlighten. Enhance.

07 Jan, 00:36

🛋🪑Secure Your Virtual Seat to Start the New Year Right! 🎆🎊

Sign up now to pick up helpful strategies on dealing with the current tax audit landscape. Facing a tax audit or investigation is daunting, but you do not have to deal with it alone.

Gain useful insights from Accredited Tax Advisor (Income Tax and GST) Mr S Sharma, Consultant at Adsan Law LLC to manage tax audits and investigations at this upcoming SILE-approved webinar!

Hurry, this is your LAST CALL to safeguard your rights as a taxpayer and better understand the powers of the Comptroller now. Registration closes TOMORROW – SCTP members enjoy COMPLIMENTARY access!

➡️Click HERE to register!

350

SCTP: Engage. Enlighten. Enhance.

06 Jan, 09:24

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Updated IRAS Webpage on “Dormant Companies” to Include a New Form for “Recommencement of Business”

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

352

SCTP: Engage. Enlighten. Enhance.

06 Jan, 00:32

🏃💨 ACT FAST: Registration for Crypto Cases CLOSES TONIGHT! 🤖🪙⚖️

Beyond the hype of crypto lies a world of complex legal and tax implications. Don’t miss out on this SILE-approved webinar, to delve into key Singapore cases, including ByBit Fintech Ltd and Fantom Foundation Ltd, and uncover how courts are shaping the treatment of crypto assets.

This is your FINAL OPPORTUNITY to learn how these decisions may influence business strategies and tax considerations and gain clarity in a rapidly evolving area.

Sign up now – The Accredited enjoy COMPLIMENTARY access. Hurry, registration CLOSES TONIGHT!

👉Register HERE!👈

392

SCTP: Engage. Enlighten. Enhance.

05 Jan, 03:17

♨️🔥 Hot Stuff in Tax and we are not talking about Pillar 2 or Transfer Pricing! ☀️🚨

The Tax Channel picked up on this tax development back in 2022, half thinking it would be just hot air (pun intended!). Lo and behold, check out this BBC post:
Flatulence tax: Denmark agrees deal for livestock emissions levy 🇩🇰🐄💨

Share this with your friends and join the discussion of whether this move could be a game-changer in climate policy or you smell something that is more than meets your nose? 🎮🌎👃

431

SCTP: Engage. Enlighten. Enhance.

03 Jan, 00:35

Not all tax journeys start with a tertiary qualification. #TaxRocks!

Meet Accredited Tax Advisor (GST) Jeremy O'Neill, who began his career with real world experience as a bookkeeper in the UK, balancing work while studying at home, determined to earn his professional accountancy qualifications.

His unconventional path led him to where he is today – across the globe in our Little Red Dot, specialising in GST with over 10 years of international tax experience.

Tax Rocks!

Stay tuned to the Tax Channel to find out more about Jeremy’s most challenging moments in tax.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

467

SCTP: Engage. Enlighten. Enhance.

02 Jan, 00:33

🛡⚔️Do You Know How to Protect Your Rights as a Taxpayer? 🤔⚖️

Join Accredited Tax Advisor (Income Tax and GST) Mr S Sharma, Consultant at Adsan Law LLC as he helps you understand the processes, the law and most importantly your rights, as a taxpayer, in dealing with Singapore tax authorities in a tax audit or investigation.

Gain the knowledge you need to handle the current tax audit landscape by looking back at similar situations in the past and protect your business from unwanted attention.

Hurry, seize your seats now! Registration for this SILE-approved webinar is FREE for SCTP Members and closing soon.

➡️Click HERE to register!

487

SCTP: Engage. Enlighten. Enhance.

31 Dec, 04:22

📢📖 MUST READ: Check out this tax update to ring in 2025! 🔔🔊

IRAS has published its e-Tax guide on Singapore's Multinational Enterprise Top-up Tax and Domestic Top-up Tax.

Happy New Year, everyone! 🎉

525

SCTP: Engage. Enlighten. Enhance.

31 Dec, 00:31

📞📲Last Call to Gain Insights for Crypto Clarity! 🤖🪙

Are you up to date with the latest legal precedents in cryptocurrency? Time is running out to sign up for this must-attend SILE-approved webinar, which covers pivotal cases, including ByBit Fintech Ltd v Ho Kai Xin and others, and their implications for property and trust law.

With expert guidance from WongPartnership’s Commercial & Corporate Disputes Practice Partner, Ms Leow Jiamin, decode the complexities of cryptocurrency valuation and gain valuable clarity on its implications for businesses and taxation.

The Accredited enjoy COMPLIMENTARY access! Reserve your spot before it’s too late. Registration closes THIS WEEK.

👉Register HERE!👈

584

SCTP: Engage. Enlighten. Enhance.

30 Dec, 00:31

🚨‼️1-for-1 Promotion EXTENDED for our Upcoming Individual Tax Session on 12 February 2025 💰⏰

Stay informed and ensure smooth sailing through the individual income tax filing season! Come clarify your doubts with the tax officers and sharpen your understanding of the latest developments in tax regulations.

We are collaborating once again with the Inland Revenue Authority of Singapore to present to the tax community the annual session covering the latest individual tax updates. Details will be confirmed very soon.

Meanwhile, the early bird 1-for-1 promotion has been extended to 3 January, Friday. Register together with your friend/ colleague and take advantage of this special promo NOW!

➡️Click HERE to register!

598

SCTP: Engage. Enlighten. Enhance.

29 Dec, 03:17

Enjoy this ⛄️special holiday season edition🎁 of your weekly dose of tax humour 😹😁😆

How do tax professionals toast the New Year? 🥳🥂🍾
“Wishing everyone many happy returns!” 🎆🎉😁😝

Have a great Sunday, everyone!

567

SCTP: Engage. Enlighten. Enhance.

27 Dec, 09:18

A random pick of tax positions available in Singapore where accreditation is preferred!

Tax and Compliance, Assistant Manager – AEM Singapore

For more tax jobs, visit SCTP’s jobs page!

625

SCTP: Engage. Enlighten. Enhance.

27 Dec, 00:31

🤔 Budget, Budget, What, When, Pray Tell 🧞‍♀️📑

As the new year approaches, ‘tis the season to unwrap new tax ideas for the upcoming Budget! What is on your budget wish list this year?

From BEPS 2.0’s business and taxation implications to tax reliefs to support lower-wage workers and more, check out these proposals for inspiration and to get your ideas flowing!

• Singapore Chartered Tax Professionals
• Singapore International Chamber of Commerce
• Singapore National Employers Federation

2025 – a new year, an election year. How will Singapore Budget shape up to be? Your guess is as good as ours.

We hope this post offers some ideas to set you thinking too!

603

SCTP: Engage. Enlighten. Enhance.

26 Dec, 09:17

👀🕵️‍♂️ I spy with my eyes… A Good Bag of a Great Deal! 💰🤑📚

The Tax Channel has noticed that Wolters Kluwer is having a promotion in their e-store on a range of titles such as:

• Singapore Master Tax Guide 2024-25 43rd Edition
• Singapore Tax Workbook 2024-2025 27th Edition

From now until 31 December 2024, enjoy a 20% discount on a selection of CCH Books (excluding 2025 releases) on their online book store!

Explore the full list of books, many are already automatically discounted in the shopping cart. Alternatively, simply enter the Flash End of Year Sale promo code “EOY24” at checkout to take advantage of great savings!

582

SCTP: Engage. Enlighten. Enhance.

26 Dec, 00:31

⚖️‼️SILE-APPROVED: Are You Prepared When The Taxman Comes Knocking? 🚪✊

Don’t let uncertainty overwhelm you during tax audits and investigations. Learn how to effectively manage tax audits and investigations and ensure that you are always one step ahead.

Take advantage of this opportunity to grab your SILE CPD Points and delve into these hot issues at the start of the new year with Accredited Tax Advisor (Income Tax and GST) Mr S Sharma, Consultant at Adsan Law LLC.

Enhance your knowledge and protect your practice and your clients. Secure your spot now for this session!

Registration is FREE for SCTP members.

➡️Click HERE to register!

456

SCTP: Engage. Enlighten. Enhance.

24 Dec, 09:17

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

The countdown for the TOP 12 Most Popular Tax News Reads in 2024 has finally come to an end. At the top spot, we are proud to announce…

1st: New Requirement for GST-registered Businesses to Transmit Invoice Data to IRAS Using InvoiceNow Solutions – Early Adoption from 1 May 2025 [Adopt and be Rewarded]

Did you catch all the other topics covered in the 🔝TOP 12 most popular reads? Click #2024Top12POT to recap the countdown over the past few weeks.

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

488

SCTP: Engage. Enlighten. Enhance.

24 Dec, 00:31

🆓🔍🧐 FOC for SCTP Members: Unravel the Mysteries of Crypto Valuation 🤖🪙

Cryptocurrency is evolving and so are the legal issues surrounding this hot topic. From ownership disputes to valuation challenges, landmark decisions like this year’s Fantom case are shaping the legal landscape.

Join WongPartnership’s Commercial & Corporate Disputes Practice Partner, Ms Leow Jiamin, as she dissects these key cases in this SILE-approved session. Don’t miss this opportunity to gain a deeper understanding of this dynamic asset and stay ahead of the curve.

Only for The Accredited: Sign up now and enjoy COMPLIMENTARY access to unravelling the mysteries in this unseen area!

👉Register HERE!👈

535

SCTP: Engage. Enlighten. Enhance.

23 Dec, 09:17

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

The countdown for the TOP 12 Most Popular Tax News Reads in 2024 continues from the 2nd position:

2nd: Income Tax Board of Review's Judgement: GIO v Comptroller of Income Tax [2024] SGITBR 1

What topic do you think clinched first place in the 🔝TOP 12 most popular reads? Stay tuned to the FINAL INSTALMENT of the #2024Top12POT countdown TOMORROW to find out!

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

512

SCTP: Engage. Enlighten. Enhance.

23 Dec, 00:31

‼️🚨 Your LAST CHANCE to Enjoy the Early Bird 1-for-1 Promo on our Annual Individual Tax Session! 🦅💰

The annual individual tax session organised in collaboration with the Inland Revenue Authority of Singapore is back! The date is set: 12 February 2025. More details to come very soon.

EARLY BIRD PROMO: Grab a friend/ colleague and sign up by TOMORROW, 24 December to enjoy a special 1-for-1 promotion! Register NOW before it’s too late!

➡️Click HERE to register!

557

SCTP: Engage. Enlighten. Enhance.

22 Dec, 03:16

Enjoy this ⛄️special holiday season edition🎁 of your weekly dose of tax humour 😹😁😆

What is a tax advisor’s favourite Christmas carol? 🎅🎄🎼🎶
“Silent Write-offs”! 🤫🤭😆

Have a great Sunday, everyone!

537

SCTP: Engage. Enlighten. Enhance.

20 Dec, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Transfer Pricing Manager/ Senior Manager – Baker Tilly

For more tax jobs, visit SCTP’s jobs page!

655

SCTP: Engage. Enlighten. Enhance.

20 Dec, 00:32

Stories from a Seasoned Tax Pro #TaxRocks!

A graduate of ESSEC Business School who subsequently secured a master’s degree in law, Accredited Tax Practitioner (Income Tax) Pierre Vanrenterghem never fathomed he would be practising tax one day.

Coming from a country where most tax professionals are lawyers by training, he became involved in corporate, tax and immigration matters for his clients.

Now with over 15 years of experience, he continues to amass in-depth experience advising companies and individuals on their investment or commercial projects as well as their relocations across Singapore and Southeast Asia.

Find your success in tax. Get up to speed in tax. Join the Mailing List.

Tax Rocks!

Stay tuned to the Tax Channel for the next instalment of SCTP’s #TaxRocks series.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

627

SCTP: Engage. Enlighten. Enhance.

19 Dec, 09:17

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

The countdown for the TOP 12 Most Popular Tax News Reads in 2024 continues from the 3rd position:

3rd: Commentary on the Income Tax Board of Review's Decision of GIO v Comptroller of Income Tax [2024] SGITBR 1

What do you think would be the other topics covered in the 🔝TOP 12 most popular reads? Stay tuned to the countdown of the #2024Top12POT to find out!

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

586

SCTP: Engage. Enlighten. Enhance.

19 Dec, 00:31

🆕‼️NEW ARTICLE: Open Your Eyes to OTP! 👀🌏

"OTP assessment is beneficial for companies looking to improve their financial reporting systems and controls, particularly those with substantial manual data management and extraction processes, as well as those experiencing inconsistent TP results.”

Click to find out more about Operational Transfer Pricing (OTP) and why it is important.

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

570

SCTP: Engage. Enlighten. Enhance.

18 Dec, 09:17

This week's Pulse on Tax:

• Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2024

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

534

SCTP: Engage. Enlighten. Enhance.

18 Dec, 00:31

🤔🆕 How to Handle Tax Audits with Confidence 🕵️💪

When it comes to dealing with the Singapore tax authorities on tax audits and investigations, typical concerns and worries include:
• How should an unexpected letter of query from IRAS be dealt with?
• What do you do when the taxman comes knocking on your door?
• Why is it that what you have been doing is not enough to keep IRAS away?
• Where do you go when the unwanted attention gets too much?

Get your uncertainties addressed at this upcoming SILE-approved session. Registration is FREE for The Accredited!

➡️Click HERE to register!

552

SCTP: Engage. Enlighten. Enhance.

17 Dec, 09:17

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

The countdown for the TOP 12 Most Popular Tax News Reads in 2024 continues from the 4th position:

4th: Commentary on OECD’s Consolidated Commentary to Pillar Two | Consolidated Commentary to GloBE Rules

What do you think would be the other topics covered in the 🔝TOP 12 most popular reads? Stay tuned to the countdown of the #2024Top12POT to find out!

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

564

SCTP: Engage. Enlighten. Enhance.

17 Dec, 00:31

‼️⚖️ SCTP’s Upcoming Crypto Valuation Webinar is SILE-Approved! 🤖🪙

Various cases involving cryptocurrencies have been argued in the Courts here in Singapore with various landmark decisions made.

This year, the landmark Fantom case provided a precedence in addressing crypto valuation. If one is unable to recover the original cryptocurrencies, how would one assess the amount of damages suffered?

Join in the discussion to better understand cryptocurrency valuation at our upcoming SILE-approved webinar. SCTP members enjoy COMPLIMENTARY registration!

👉Register HERE!👈

508

SCTP: Engage. Enlighten. Enhance.

16 Dec, 09:17

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

The countdown for the TOP 12 Most Popular Tax News Reads in 2024 continues from the 5th position:

5th: Commentary on IRAS' New e-Tax Guide on “Tax Treatment of Gains or Losses from the Sale of Foreign Assets”: KPMG | Deloitte

What do you think would be the other topics covered in the 🔝TOP 12 most popular reads? Stay tuned to the countdown of the #2024Top12POT to find out!

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

521

SCTP: Engage. Enlighten. Enhance.

16 Dec, 00:31

🚨ALERT: Have you seen how audacious THE INTERN at SCTP is? See this post. 👀😱

Kindly assist to report any odd activity online to SCTP by following the account.

535

SCTP: Engage. Enlighten. Enhance.

15 Dec, 03:16

Enjoy this ⛄️special holiday season edition🎁 of your weekly dose of tax humour 😹😁😆

How does Santa Claus list elves on his tax returns? 🎅🧝📑
As "dependent Clauses." 🤣😁😜

Have a great Sunday, everyone!

582

SCTP: Engage. Enlighten. Enhance.

13 Dec, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Regional Tax Manager – Robert Half Singapore

For more tax jobs, visit SCTP’s jobs page!

630

SCTP: Engage. Enlighten. Enhance.

08 Dec, 03:16

Enjoy this ⛄️special holiday season edition🎁 of your weekly dose of tax humour 😹😁😆

What do you call a Christmas gift wrapped in tax forms? 🎁💝📑
A present value! 😂😝🥳

Have a great Sunday, everyone!

127

SCTP: Engage. Enlighten. Enhance.

06 Dec, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Tax Associate/ Senior – AscentiaTax Singapore

For more tax jobs, visit SCTP’s jobs page!

246

SCTP: Engage. Enlighten. Enhance.

06 Dec, 00:31

Interested in tapping into the vast opportunities in tax? #TaxRocks!

If you have been following SCTP’s past #TaxRocks posts, you would have seen the various features of successful accredited tax professionals, born and bred in Singapore, in different tax roles in both income tax and GST, from a variety of firms.

Now, meet Accredited Tax Practitioner (Income Tax) Pierre Vanrenterghem, who came to Singapore over 15 years ago, all the way from France. Hear what managing a consultancy and practising tax is like through the eyes of an expatriate-turned-Singapore permanent resident.

Tap into the vast opportunities in tax.

Tax Rocks!

Stay tuned to the Tax Channel to find out more about this accredited tax professional’s journey.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

265

SCTP: Engage. Enlighten. Enhance.

05 Dec, 09:17

This week's Pulse on Tax:

• Advance Ruling on Whether Gains Arising from the Transfer of Shares are Tax Exempt Under Section 13W of the ITA or Capital in Nature

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

275

SCTP: Engage. Enlighten. Enhance.

05 Dec, 00:31

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

The countdown for the TOP 12 Most Popular Tax News Reads in 2024 continues from the 10th position:

10th: Income Tax Board of Review's Judgement: GIP v The Comptroller of Income Tax [2024] SGITBR 2 Commentary on Income Tax Board of Review's Decision of GHZ v The Comptroller of Income Tax [2023] SGITBR 2

What do you think would be the other topics covered in the 🔝TOP 12 most popular reads? Stay tuned to the countdown of the #2024Top12POT to find out!

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

309

SCTP: Engage. Enlighten. Enhance.

04 Dec, 00:31

⏰🚨 Last Call: Exclusive Promo Ends THIS FRIDAY! 🏃‍♂️📚

Grab your copy of A Practical Guide to Financial Reporting Standards Singapore (8th Ed) at an exclusive 5% promotion for Tax Channel subscribers before it’s too late!

Updated for 2024 compliance, this essential guide simplifies the SFRS(I) standards with Singapore-focused insights and practical illustrations.

Don’t miss your FINAL opportunity to secure your copy at only $221.60 w/ GST (U.P. $233.26). Promotion ends THIS FRIDAY, 6 December!

The Accredited enjoy an EVEN BIGGER promotion! Refer to the 4 December 2024 edition of SCTP’s Taxcellence newsletter for more details.

👉 Grab your copy HERE! 📚

338

SCTP: Engage. Enlighten. Enhance.

03 Dec, 00:31

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

The countdown for the TOP 12 Most Popular Tax News Reads in 2024 continues from the 11th position:

11th: Income Tax Board of Review's Judgement: GHZ v The Comptroller of Income Tax [2023] SGITBR 2

What do you think would be the other topics covered in the 🔝TOP 12 most popular reads? Stay tuned to the countdown of the #2024Top12POT to find out!

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

355

SCTP: Engage. Enlighten. Enhance.

02 Dec, 00:31

🏆Count down the TOP 12 MOST POPULAR READS From 2024 with us! 📖

As we wrap up 2024, look back at some of the most popular tax updates and top reads that have caught the attention of tax professionals over the year.

Stay tuned to the Tax Channel over the next few days for the reveal of the TOP 12 Most Popular Tax News Reads in 2024.

Counting down from the 12th position:

12th: Commentary on Section 10L and the Situs of Movable and Immovable Property

What do you think would be the other topics covered in the 🔝TOP 12 most popular reads? Stay tuned to the countdown of the #2024Top12POT to find out!

Be accredited to get weekly first-hand updates of key tax topics and top features!

Be in the know. Be accredited.

439

SCTP: Engage. Enlighten. Enhance.

01 Dec, 03:16

Back with your weekly dose of tax humour😹😁😆

Why did the transfer pricing practitioner get a job at the bakery? 🍞🥖👨‍🍳
To learn how to evenly distribute the ‘dough’ without any 'transfer of losses'! ⚖️😁🤣

Have a great Sunday, everyone!

421

SCTP: Engage. Enlighten. Enhance.

29 Nov, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Tax Manager/ Director – Moore Stephens LLP

For more tax jobs, visit SCTP’s jobs page!

480

SCTP: Engage. Enlighten. Enhance.

29 Nov, 00:31

What does a tax professional really do? #TaxRocks!

When a non-tax person thinks of tax, they immediately associate it with numbers, computations and probably the collection of tax dues.

So, what does a tax professional really do? Let’s see… a bridge, a translator in whatever language it takes to get the job done, a data chaser, a friend, lifelong buddy.

Broadly, the tax profession primarily comprises tax advisors in practice or in-house, assisting clients or companies respectively navigate the tax terrain wherever their presence is in.

Let’s hear from Accredited Tax Advisor (Income Tax & GST) Vimala Devi on what a tax career entails.

Tax Rocks!

Stay tuned to the Tax Channel for even more features of successful accredited tax professionals.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

459

SCTP: Engage. Enlighten. Enhance.

28 Nov, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Commentary: A Review of the Tax Regimes in Singapore and Hong Kong

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

407

SCTP: Engage. Enlighten. Enhance.

28 Nov, 00:31

“Businesses have the option to conduct the ACAP review by engaging a Public Accounting Entity (PAE) or its tax affiliate where the team lead is an Accredited Tax Advisor of SCTP. Alternatively, the ACAP reviewer can comprise of an independent in-house Internal Audit (IA) team where the team member is an Accredited Tax Practitioner or an Accredited Tax Advisor of SCTP.”

Click to find out more about the GST-Assisted Compliance Assurance Programme (ACAP).

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

482

SCTP: Engage. Enlighten. Enhance.

27 Nov, 09:17

This week's Pulse on Tax:

• Key Considerations for Taxpayers on Service Transactions under Singapore Transfer Pricing Regulations

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

469

SCTP: Engage. Enlighten. Enhance.

27 Nov, 00:31

‼️⌛️ Secure Your Copy of SFRS(I) Insights Before It’s Too Late! ⏰👀

Time is running out to enjoy an exclusive 5% discount on A Practical Guide to Financial Reporting Standards Singapore (8th Ed) for Tax Channel subscribers!

This comprehensive resource dives into Singapore-focused interpretations, essential for local listed companies. Don’t miss out on key insights on major provisions, examination-style illustrations of complex issues and the latest updates for standards effective from 1 January 2024.

Hurry, this special promotion is ending soon! Act now to stay ahead in financial reporting and grab your copy at only $221.60 w/ GST (U.P. $233.26).

The Accredited enjoy an EVEN BIGGER promotion! Refer to the 27 November 2024 edition of SCTP’s Taxcellence newsletter for more details.

👉 Grab your copy HERE! 📚

483

SCTP: Engage. Enlighten. Enhance.

26 Nov, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Commentary: Updates on COMPASS Framework and Salary Requirements for 5-Year Employment Pass

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

469

SCTP: Engage. Enlighten. Enhance.

26 Nov, 00:31

🌐 Your Practical Tax Hub – Have You Explored SCTP’s Website Recently? 🗺🌍

Whether you are searching for FREE tax resources, upcoming tax courses to attend, tax news updates or regional tax information, SCTP’s website is packed with resources!

Many in the profession have turned to our site as a go-to platform for tax professionals over the years. Not sure where to start? Here’s a quick guide to key webpages:

• Key Tax News and Commentaries
• Quick Links to Regional Tax Authorities
• Free Tax Articles and Webinars
• Convenient, One-Stop Tax Events Calendar
• Available Tax Job Listings
• Exclusive Access to IRAS’ Perspectives and Position (only for The Accredited)

Of course, SCTP members enjoy privileged access to exclusive insights and resources. Simply log in to your account!

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

549

SCTP: Engage. Enlighten. Enhance.

25 Nov, 09:17

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

OECD Released Information and Statistics on Mutual Agreement Procedures and Advance Pricing Arrangements

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

521

SCTP: Engage. Enlighten. Enhance.

25 Nov, 00:31

🧐🤓 What Was Your Most Interesting Recent Tax Read? 📖📚

From GMT & TP to AI, from commentaries on amendment bills to various GST e-Tax Guide Updates, and yet more were said on tax incentives, Certificates of Residence, fund management and international tax transparency. The list went on and on, on the myriad of tax news in the past month.

Click into SCTP's Tax News page to see what you may have missed last month!

Below are some interesting recent tax reads. Click to vote for the article that caught your attention most!

1) Commentaries – Updates to the Tax Incentive Regimes for Singapore-Managed Investment Funds: KPMG | CLA Global TS | NeoDhruva Consultants

2) Income Tax (Amendment) Bill 2024 – Important Changes and Implications for Businesses

3) Updated IRAS Webpage on "Applying for a Certificate of Residence (COR)/ Tax Reclaim Form" to Update Criteria for COR Applications in Respect of Calendar Year 2025 and After

4) China Moves to Tax the Ultra-Rich for Overseas Investment Gains

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

581

SCTP: Engage. Enlighten. Enhance.

24 Nov, 03:16

Back with your weekly dose of tax humour😹😁😆

Why did the tax return feel lonely? 🙍😞👤🫳
It was missing too many attachments! 📎📑😁😂

Have a great Sunday, everyone!

568

SCTP: Engage. Enlighten. Enhance.

22 Nov, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Group Tax, Assistant Manager – MEO Singapore

For more tax jobs, visit SCTP’s jobs page!

259

SCTP: Engage. Enlighten. Enhance.

22 Nov, 00:31

In tax or any career for that matter, as one climbs the corporate ladder, there will be lots of firsts to experience and challenge oneself in. #TaxRocks!

You are not alone. SCTP member, Accredited Tax Advisor (Income Tax & GST) Vimala Devi, shares her tips and perspectives on surmounting the various firsts.

Indeed, a tax career is an adventure of many firsts throughout one’s career. Take your first step by exploring the many job opportunities on SCTP’s website!

Tax Rocks!

Stay tuned to the Tax Channel to dispel the myths and find out what a tax professional really does.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

302

SCTP: Engage. Enlighten. Enhance.

21 Nov, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Monetary Authority of Singapore to Focus on Collaboration in Regulating Digital Assets and GenAI

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

295

SCTP: Engage. Enlighten. Enhance.

21 Nov, 00:31

🆕🔑 Key Changes from Income Tax (Amendment) Bill and the Multinational Enterprise (Minimum Tax) Bill💡🗺

By now, you would have known that the Parliament has passed the Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill in October 2024.

Read about the key changes on Refundable Investment Credit, Enhanced Renovation and Refurbishment (R&R) Scheme, the Domestic Top-up Tax and Multinational Enterprise Top-up Tax.

For more information, please click here to pick up new insights on Singapore's evolving tax landscape.

323

SCTP: Engage. Enlighten. Enhance.

20 Nov, 09:17

This week's Pulse on Tax:

• Trump Win Casts Shadow Over OECD Global Tax Reforms

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

324

SCTP: Engage. Enlighten. Enhance.

20 Nov, 00:31

📈‼️Upgrade Your Client Advisory Toolkit Today!⚒️🧰

Boost your client advisory toolkit before the year ends! The 8th edition of A Practical Guide to Singapore’s Financial Reporting Standards is here, featuring the latest updates on SFRS(I)s effective from 2024.

Packed with Singapore-focused insights and practical illustrations, this must-have resource simplifies complex reporting standards. Great news for all Tax Channel subscribers: Enjoy an exclusive 5% discount from now until 6 December 2024!

Don’t miss this seasonal special! Act fast and upgrade your expertise NOW for just $221.60 w/ GST (U.P. $233.26).

The Accredited enjoy an EVEN BIGGER promotion! Refer to the 20 November 2024 edition of SCTP’s Taxcellence newsletter for more details.

👉 Grab your copy HERE! 📚

350

SCTP: Engage. Enlighten. Enhance.

19 Nov, 09:18

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Australia: ATO Released Findings Report on Public and Multinational Business Disputes and Settlements 2023 – 2024

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

334

SCTP: Engage. Enlighten. Enhance.

19 Nov, 00:31

“Once approved by IRAS, the TGF status is valid for as long as the tax governance policy remains published on the company’s website or annual report, provided that the company continues to adhere to the three building blocks of TGF. While no renewal is required, IRAS may perform periodic checks on selected businesses to ensure continued adherence to the framework.”

Click to find out more about the benefits of adopting the tax governance framework.

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

385

SCTP: Engage. Enlighten. Enhance.

18 Nov, 09:18

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Singapore to Enhance Its Tax Incentives

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

381

SCTP: Engage. Enlighten. Enhance.

18 Nov, 00:31

💡Think you need big bucks for tax technology adoption? Think again!

Contrary to popular belief, adopting tax technology doesn’t always come with a hefty price tag.

For many, it’s simply about embracing digitalisation. There are also several grants available to support businesses, such as ACRA’s Productivity Solutions Grant (PSG) for the Accountancy Sector, and the FREE resources from IMDA’s CTO-as-a-Service! 💻

That's not all! New compliance solutions for Form C filing have been launched this year, while larger organisations are adopting BEPS Technology and workflow redesigns to stay ahead. 🔄

Ready to explore further? Read this article for a deep dive into the tax technology trends shaping the future.

SCTP members have exclusive access to the full, unabridged version of the article. Simply log in to your account to get FULL access to all tax resources.🔓

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

426

SCTP: Engage. Enlighten. Enhance.

17 Nov, 03:17

Back with your weekly dose of tax humour😹😁😆

Why did the comedian start telling GST jokes to the crowd of tax practitioners? 🤔😂🧐
Because they wanted to bring “levy-ty” to the complex world of taxation! 😆😁🤭

Have a great Sunday, everyone!

419

SCTP: Engage. Enlighten. Enhance.

15 Nov, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Tax Senior Associate – RHT Atlas Singapore

For more tax jobs, visit SCTP’s jobs page!

501

SCTP: Engage. Enlighten. Enhance.

15 Nov, 00:32

What keeps YOU going, tax pros? #TaxRocks!

Even high-flying executives can get bored with their routines if they do it long enough. Some may start looking at ‘the other side’ (i.e. a different career path) that seems much more enticing and appealing.

How does one continue to grow the seeds of passion for tax when other opportunities seem much more attractive?

Let's hear from Accredited Tax Advisor (Income Tax & GST) Vimala Devi, a tax veteran with over 30 years of passion for taxation, whose enthusiasm for tax continues to flare brightly and strongly.

Tax Rocks!

Stay tuned to the Tax Channel to find out more about the adventures in this accredited tax professional’s career journey.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

517

SCTP: Engage. Enlighten. Enhance.

14 Nov, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Advance Ruling on Whether "Discount" on Sales of Trade Receivables to Banks, being Non-Tax Resident Persons, in Discounting Arrangements Fall Within the Meaning of Section 12(6)(a)(i) of the ITA

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

500

SCTP: Engage. Enlighten. Enhance.

14 Nov, 00:31

🆕📰 NEW Article on the Voluntary Compliance Programmes in Singapore! 📚🇸🇬

"This first building block focuses on the company’s commitment to comply with relevant tax laws, regulations and requirements, and to respect the intent of these laws and regulations.”

Click to find out more about the three building blocks in the tax governance framework.

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

531

SCTP: Engage. Enlighten. Enhance.

13 Nov, 09:17

This week's Pulse on Tax:

• The Danger of Neglecting Your Domestic Related-Party Transactions

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

494

SCTP: Engage. Enlighten. Enhance.

13 Nov, 00:31

🫵🆕 Just for You: Telegram Subscribers Save 5% on the Latest Financial Reporting Guide! 💰📚

Great news for all Tax Channel subscribers: End the year on a high note with an exclusive 5% discount on the latest edition of A Practical Guide to Singapore’s Financial Reporting Standards!

Be among the first to be updated on the latest SFRS(I) insights to support your client advisory work. With Singapore-focused explanations and exam-style illustrations, this is your essential resource for accurate, impactful guidance.

Boost your expertise and deliver exceptional value to clients! Grab your copy of this title at only $221.60 w/ GST (U.P. $233.26) before the promotion ends on 6 December 2024, Friday.

The Accredited enjoy an EVEN BIGGER promotion! Refer to the 13 November 2024 edition of SCTP’s Taxcellence newsletter for more details.

👉 Grab your copy HERE! 📚

509

SCTP: Engage. Enlighten. Enhance.

12 Nov, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Commentary on the Public Consultation on Proposed Multinational Enterprise (Minimum Tax) Regulations – GloBE Safe Harbours and Transitional Rules

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

496

SCTP: Engage. Enlighten. Enhance.

12 Nov, 00:32

How are your Transfer Pricing (TP) models holding up amidst supply chain disruptions? In a past SCTP webinar, facilitators from BDO Singapore delved into the impact of supply chain disruptions on TP models.

Read this article to explore how recent upheavals prompt companies to reassess the financial impact on system profits and existing TP models.

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

547

SCTP: Engage. Enlighten. Enhance.

11 Nov, 09:17

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Updated IRAS Webpage on "Compulsory and Voluntary MediSave Contributions" to Reflect that Self-Employed Persons Will Receive Their MediSave Contribution Statement from the CPF Board Instead of IRAS

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

332

SCTP: Engage. Enlighten. Enhance.

11 Nov, 00:31

🆕There is something new in your everyday workspace. What's it called? Copilot! 🤔🤖

From PDF to PowerPoint slides in minutes. From data to insights in seconds. The tax body is working with Microsoft and its partners (Axiom IT Solutions and NetAssist Services) to ensure the whole tax profession is clued in on this AI tool that is a personal secretary and so much more.

All tax practice owners in Singapore: the 50% grant for SMEs ends 20 November! Submit this short form for a quotation in seconds. Send in the signed quotation to Axiom and that is it. No lengthy grant application process.

Add yourself to the Priority Waiting List for the next full-day workshop to know how to fully tap into M365 Copilot across Teams, Outlook, Word, Powerpoint and Excel.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

371

SCTP: Engage. Enlighten. Enhance.

10 Nov, 03:17

Back with your weekly dose of tax humour😹😁😆

Why did the tax professional become a yoga instructor? 🧘🤨
Because they were great at finding balance! ⚖️😂😄

Have a great Sunday, everyone!

403

SCTP: Engage. Enlighten. Enhance.

08 Nov, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Group Tax Manager/ Senior Manager – RN Care Singapore

For more tax jobs, visit SCTP’s jobs page!

488

SCTP: Engage. Enlighten. Enhance.

08 Nov, 00:32

Trekking the tough TP Terrain #TaxRocks!

Transfer pricing (TP) is an area that has seen its fair share of controversies and international tax court cases.

Let’s take a peek into the world of TP with Accredited Tax Advisor (Income Tax) Elis Tan!

Tax Rocks!

Stay tuned to the Tax Channel for more stories from accredited tax professionals with a passion for taxation.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

475

SCTP: Engage. Enlighten. Enhance.

07 Nov, 04:02

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Tax Policy Implications of a Donald Trump Presidency

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

488

SCTP: Engage. Enlighten. Enhance.

07 Nov, 00:31

🏆🔝 LAST QUARTER’S TOP THREE MOST POPULAR READS of tax professionals! 📚📑

You have seen the previous posts on the Top 10 Most Popular Tax Articles in Q3 2024 by tax professionals. The countdown continues, with the TOP THREE in the list!

🥉3rd🥉: Tax Considerations for an Equity Investment Holding Company in SG

🥈2nd🥈: Commentary on GHZ v The Comptroller of Tax [2023] SGITBR 2: Purposive Interpretation of Section 10D in Relation to Deductibility of Expenses

🏆 1st 🏆: Commentaries on the Legislative Changes to Singapore’s Transfer Pricing (TP) Documentation Rules and the Seventh Edition of TP Guidelines | BDO | Crowe | KPMG | PwC

Tell your friends and colleagues to subscribe to the Tax Channel to get firsthand updates of key tax topics and top features!

Be in the know. Be accredited.

538

SCTP: Engage. Enlighten. Enhance.

06 Nov, 09:17

This week's Pulse on Tax:

• High Court's Judgement: Changi Airport Group (Singapore) Pte Ltd v Comptroller of Income Tax [2024] SGHC 281

Sharing some perspectives from SCTP members: Jack Wong | Benny Chwee

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

467

SCTP: Engage. Enlighten. Enhance.

06 Nov, 00:31

‼️🗓 End The Year on a High Note with a NEW Exclusive Promotion for Tax Channel Subscribers! 📈🎶

♨️ Hot off the Press! 📰 CCH’s latest edition of A Practical Guide to Singapore’s Financial Reporting Standards is now available in both e-book and print versions and SCTP’s Tax Telegram Channel subscribers enjoy an exclusive 5% discount.

Hurry, get your hands on the latest SFRS(I) standards updates, with Singapore-focused insights that simplify complex reporting now! Promotion ends 6 December 2024, Friday.

The Accredited enjoy an EVEN BIGGER promotion! Refer to the 6 November 2024 edition of SCTP’s Taxcellence newsletter for more details.

👉 Grab your copy HERE! 📚

466

SCTP: Engage. Enlighten. Enhance.

25 Oct, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Tax Manager – Yotta Games

For more tax jobs, visit SCTP’s jobs page!

181

SCTP: Engage. Enlighten. Enhance.

25 Oct, 00:31

“Unfathomable. Inconceivable. Implausible.” #TaxRocks!

These are 3 words that were used to describe the tax career journey of someone with over 27 years of experience in tax.

Find out why as Accredited Tax Advisor (GST) Ng Choon Beng shares his experience with those considering the leap into entrepreneurship. Perhaps you too may be inspired to consider a similar route or specialise in GST.

GST Rocks!

Stay tuned to the Tax Channel for more inspiring stories featuring the unique tax careers of SCTP members.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

248

SCTP: Engage. Enlighten. Enhance.

24 Oct, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Elevating Tax Strategy in the ESG Era: A Boardroom Imperative

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

268

SCTP: Engage. Enlighten. Enhance.

24 Oct, 00:31

“Where potential irregularities are identified, the tax authority may swiftly implement measures such as lowering invoicing credit limits, requiring real name authentication, or issuing downstream warnings. Common indicators of potential irregularities include issuing invoices for goods or services outside of the scope of the enterprise, or generating invoices with abnormally large amounts compared to the enterprise’s scale.”

Click to find out more about e-invoicing in China.

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

303

SCTP: Engage. Enlighten. Enhance.

23 Oct, 09:17

This week's Pulse on Tax:

• Annual Notification Requirement for Overseas Networks & Expertise (ONE) Pass Holders

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

314

SCTP: Engage. Enlighten. Enhance.

23 Oct, 02:16

🚨⏰Copilot Workshop Registration Extended by Popular Demand 🤖‼️

Don't miss out on the second run of our hands-on workshop 'Using Copilot in M365 for Tax Professionals' this Friday, 25 October. Registration has been extended until TONIGHT! Secure your spot before it's too late.

Take advantage of the special discount now! The workshop is specifically tailored for tax professionals and includes real-life tax scenarios and two post-workshop Q&A sessions.

A FREE Copilot license will be provided for your usage in class. Hurry, this is an in-person session so there are limited seats available!

Can’t make it for this round? Click to add yourself to the priority list for next year’s workshop!

👉Register HERE!👈

330

SCTP: Engage. Enlighten. Enhance.

23 Oct, 00:31

Sharing this for anyone who might need a mid-week chuckle to get to the weekend. 😂

🤫🤭 PSST... Featured on LinkedIn first👀 Connect with us NOW and never miss out on a post again! 🤝

327

SCTP: Engage. Enlighten. Enhance.

22 Oct, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Understanding the Shift: Corporate Tax Audit Recoveries Surpass GST in Singapore

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

337

SCTP: Engage. Enlighten. Enhance.

22 Oct, 00:31

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Why 'Trust' in Data is Even More Important in an Era of Global Taxes

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

381

SCTP: Engage. Enlighten. Enhance.

21 Oct, 06:04

(A repost, adapted from the second verse of the NDP 2024's 'Not Alone', in support of the tax community during this tax peak.)

And then I come to the schedules that call out to me
Where my clients and teammates have done their part
And the checks I have made and the coffee I've drunk
oh, I know, I know
(Tax season is here.)

If we just look to each other,
Then this tax peak feels surmountable
And the more we're a team, the more we'll survive
You and I, we'll stand tall.
Standing Tall!
#taxseason #notalone

Have a great week ahead everyone! 😊
You are not alone! 💪💪💪

421

SCTP: Engage. Enlighten. Enhance.

21 Oct, 00:31

‼️🥳 Exciting news for tax professionals! 📰‼️

We are thrilled to continue our collaboration with NetAssist on a specialised workshop for tax professionals to capitalise on Copilot in your daily work. It has been a fruitful partnership working with an award-winning training organisation.

The inaugural hands-on full-day workshop was fully subscribed! 🎉 Want to know more? Be sure you are signed up for the second run of the Copilot workshop on 25 October, Friday! The era of creating presentations, drafting emails, summarising long emails in seconds is HERE.

If you are an SME and have not taken advantage of the 50% grant for Copilot by ESG, hurry, the grant application is only till November! Fill in this form to generate an instant quotation now!

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

425

SCTP: Engage. Enlighten. Enhance.

20 Oct, 03:16

Back with your weekly dose of tax humour😹😁😆

Whoa, we're halfway there! 😮‍💨💪👏

Have a great Sunday, everyone!

435

SCTP: Engage. Enlighten. Enhance.

18 Oct, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Corporate Tax, Manager/ Senior Manager - TempServ Singapore

For more tax jobs, visit SCTP’s jobs page!

513

SCTP: Engage. Enlighten. Enhance.

18 Oct, 04:04

‼️LAST DAY to Sign Up for The Hands-On Copilot Workshop, Designed Specially for Tax Professionals🤖🥇

This is your FINAL opportunity to sign up for the full-day, hands-on workshop 'Using Copilot in M365 for Tax Professionals' on 25 October, Friday. A FREE Copilot license will be provided for your usage in class!

Take advantage of the special discount now! The workshop fee includes two complimentary post-workshop online sessions where you can ask all your Copilot-related questions and be updated on new features.

LIMITED SPOTS AVAILABLE: Act fast and secure your seat before it's too late. Registration closes TODAY, 18 October!

👉Register HERE!👈

515

SCTP: Engage. Enlighten. Enhance.

18 Oct, 00:31

Accreditation is not compulsory, so why be accredited? #TaxRocks!

Everyone is fighting for positions in big organisations that are established brands.

Don’t just read what SCTP says about accreditation. Hear from one who is accredited. Accredited Tax Advisor (GST) Ng Choon Beng shares his journey of harnessing the advantages accreditation brings!

GST Rocks!

Stay tuned to the Tax Channel for the final instalment on this SCTP member’s inspiring career journey.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

510

SCTP: Engage. Enlighten. Enhance.

17 Oct, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Commentary on IRAS’ Guidance on Tax Avoidance Arrangements

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

502

SCTP: Engage. Enlighten. Enhance.

17 Oct, 00:31

“To transmit invoice data to IRAS, InvoiceNow solutions will have to be connected to IRAS through Access Points. After the business has activated the feature to transmit invoice data to IRAS, IRAS will receive a copy of the data whenever the business issues or receives invoices via the InvoiceNow network, or whenever the business records other invoices into the InvoiceNow solutions.”

Click to find out more about the InvoiceNow network and the four types of submission for transmitting invoice data to IRAS.

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

569

SCTP: Engage. Enlighten. Enhance.

16 Oct, 09:17

This week's Pulse on Tax:

• Commentary: Update on the Subject-To-Tax Rules Multilateral Convention

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

541

SCTP: Engage. Enlighten. Enhance.

16 Oct, 07:33

‼️Full-Day, Hands-On Workshop Back by Popular Demand: Using Copilot in M365 for Tax Professionals🤖🥇

Following a successful kick off, the full-day, hands-on workshop on Using Copilot in M365 for Tax Professionals is back for a second run on 25 October, Friday!

Designed specifically for tax professionals, the hands-on workshop includes real-life tax scenarios, plus two post-workshop Q&A sessions. Click on the link above for more details on what will be covered during the workshop.

No need to purchase a Copilot license - one will be provided for your usage during the class for FREE.

Hurry! Take advantage of the special discount and sign up to streamline your tax processes with Copilot NOW. Registration closes THIS FRIDAY, 18 October!

👉Register HERE!👈

542

SCTP: Engage. Enlighten. Enhance.

16 Oct, 00:32

☝️One of the exclusive benefits of accreditation is being able to tap on SCTP’s close collaboration with IRAS.‼️

Tax issues and technical positions highlighted from the profession are discussed and perspectives are exchanged. These may pertain to corporate tax issues faced by SMEs or multinational corporations, or GST matters.

One recent discussion was on the difference in the taxation of ETFs and unit trusts compared to traditional dividends in Singapore.

The Accredited have FULL access to all dialogue summaries and more. Simply log in to your account.

Click to find out more about accreditation!

517

SCTP: Engage. Enlighten. Enhance.

15 Oct, 09:16

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Singapore and Kenya Signed a New Avoidance of Double Taxation Agreement

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

504

SCTP: Engage. Enlighten. Enhance.

15 Oct, 00:31

🤔 Can your business claim enhanced deductions under the Enterprise Innovation Scheme (EIS) when contracting with a research and development (R&D) organisation to undertake qualifying R&D activities in Singapore on its behalf? 💼

The answer is yes! You may claim enhanced deductions on up to 60% of all fees payable to the R&D organisation that undertakes qualifying R&D activities in Singapore on its behalf.

Find out more about the benefits of tapping into the EIS.

Check out more FREE articles and webinar replays on SCTP’s website.

The Accredited enjoy exclusive access to full, unabridged resources. Simply log in to your account.

387

SCTP: Engage. Enlighten. Enhance.

14 Oct, 09:17

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Brand Value: Drawing the Link Between Value Creation and Economic Benefit

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

377

SCTP: Engage. Enlighten. Enhance.

14 Oct, 00:31

📞Don’t Miss Your FINAL Chance for Compliance Insights!💡

This is your LAST CALL to secure your spot for firsthand insights from the tax authority on the latest strategies in tax compliance and common filing errors to avoid.

Enhance your knowledge and sharpen your skills to navigate this corporate tax season with ease. Elevate your expertise and take advantage of this opportunity to stay updated on the latest tax changes to take note of.

Registration closes TOMORROW!

➡️Click HERE to register!

443

SCTP: Engage. Enlighten. Enhance.

13 Oct, 03:16

Back with your weekly dose of tax humour😹😁😆

A tax season tip: Don't be afraid to "pivot" your deductions to maximise your refund. 📉📈😂😁😆

Have a great Sunday, everyone!

466

SCTP: Engage. Enlighten. Enhance.

11 Oct, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

GST, Tax Manager/ Senior Manager - BDO LLP

For more tax jobs, visit SCTP’s jobs page!

576

SCTP: Engage. Enlighten. Enhance.

11 Oct, 00:31

In the world of taxes, corporate tax and transfer pricing are often at the crux of many tax conversations. #TaxRocks!

What about indirect tax or GST as we know it in Singapore – the tax that many frequently encounter when a purchase is made?

Hear directly from Accredited Tax Advisor (GST) Ng Choon Beng as he shares his career journey in indirect tax. GST Rocks!

Stay tuned to the Tax Channel to find out more about the advantages of accreditation.

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

564

SCTP: Engage. Enlighten. Enhance.

10 Oct, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Income Tax (International Tax Compliance Agreements) (United States of America) (Amendment) Regulations 2024

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

530

SCTP: Engage. Enlighten. Enhance.

10 Oct, 00:31

“A soft launch, allowing voluntary adoption for all existing GST-registered businesses, will commence on 1 May 2025. Subsequently, the requirement to issue invoices via InvoiceNow will become compulsory for newly incorporated companies1 which voluntarily register for GST from 1 November 2025, and for all new voluntary GST registrants from 1 April 2026.”

Click to find out what exactly is InvoiceNow, and everything you need to know about the imminent implementation of e-invoicing in Singapore.

For more complimentary articles📑 and webinars-on-demand 🎥, head over to our website here!

SCTP members, read the full article in our weekly Taxcellence eNewsletter or simply log in to your account to get FULL access to all tax resources.🔓

586

SCTP: Engage. Enlighten. Enhance.

09 Oct, 09:17

This week's Pulse on Tax:

• Commentary on the Uncertainties and Challenges for Pillar One Amount B

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

567

SCTP: Engage. Enlighten. Enhance.

09 Oct, 00:31

📈➕Want to get the maximum benefits of accreditation?🚨

Be accredited and poised to tap into a full year of benefits and privileges of accreditation in the new year.

Meanwhile, subscribe into the Tax Channel and follow us on LinkedIn to stay updated on various tax updates and upcoming events.

Apply for accreditation TODAY!

538

SCTP: Engage. Enlighten. Enhance.

26 Sep, 09:18

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Income Tax (Exemption of Income of Approved Companies Arising from Funds Managed by Fund Manager in Singapore) (Amendment) Regulations 2024

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

704

SCTP: Engage. Enlighten. Enhance.

26 Sep, 00:31

📚📖 Take advantage of this SPECIAL PROMOTION before it’s too late! 💰⏰

Act fast! This special promotion for Tax Channel subscribers ENDS NEXT WEEK. Use the promo code “SCTP25” to enjoy 25% OFF your copy of “The ‘Pillar Two’ Global Minimum Tax”.

Grab your copy now to gain insights into the formative development of the Pillar Two proposal, a detailed discussion of key concepts such as process legitimacy, and more! Don’t miss out on a comprehensive examination of the Pillar Two objectives and the reasons which led to its adoption.

The Accredited enjoy an EVEN BIGGER promotion! Refer to the 25 September 2024 edition of SCTP’s Taxcellence newsletter for more details.

👉 Grab your copy HERE! 📚

754

SCTP: Engage. Enlighten. Enhance.

25 Sep, 09:17

This week's Pulse on Tax:

• OECD’s Compilation of 2024 Peer Review Reports for Country-by-Country Reporting

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

705

SCTP: Engage. Enlighten. Enhance.

25 Sep, 00:31

🔁 Get an Annual Refresher to Avoid Common Tax Filing Mistakes! 🙅❌

Are you prepared for the corporate tax season? Ensure clarity on what you are filing for your employer/ client. Get a refresher on the common issues and errors found in tax returns and learn from the mistakes of others!

Join in SCTP’s annual tax compliance session with the tax authority to gain insights into frequent tax filing pitfalls, including unremitted foreign-sourced income, tax exemption for foreign-sourced dividends, and more.

Don’t miss this opportunity to enhance your tax knowledge and ensure the tax returns for your employer/ client remain error-free!

➡️Click HERE to register!

725

SCTP: Engage. Enlighten. Enhance.

24 Sep, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Updated e-Tax Guide Titled “GST: Construction Industry” with Editorial Changes

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

723

SCTP: Engage. Enlighten. Enhance.

24 Sep, 00:31

🛡Protect Your Clients from Tax Avoidance Allegations‼️

Don’t miss out on this crucial session to safeguard your clients from tax avoidance allegations. Join the team from Dentons Rodyk & Davidson LLP as they dissect the GIP v CIT case and cover the various issues and considerations involved.

Gain practical insights on avoiding the risks of tax avoidance allegations and ensuring compliance with evolving tax regulations. This SILE- approved webinar is not to be missed!

👉Register HERE!👈

759

SCTP: Engage. Enlighten. Enhance.

23 Sep, 09:17

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Build Trust Through AI to Power Tax Compliance

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

740

SCTP: Engage. Enlighten. Enhance.

23 Sep, 00:31

🤖 Transform Your Tax Workflows with AI 🖥

Come together with the team from NetAssist Services to get an update on the typical use cases of Gen AI tools for everyday use and gain a deeper understanding of prompt engineering to get more effective results.

Witness the power of AI in a day in the life of a Tax Practitioner in this COMPLIMENTARY webinar. Discover how you can capitalise on Copilot in Outlook, Teams, Word, PowerPoint and Excel.

Be in the know of this potential gamechanger for efficiency!

➡️Click HERE to register!

804

SCTP: Engage. Enlighten. Enhance.

22 Sep, 03:16

Back with your weekly dose of tax humour😹😁😆

🗣Two tax professionals are talking. One says, "Do you ever feel like our job has taken over our lives?"🤔 The other replies, "Not really. I just count the hours until tax season ends!" 😆😂😭

Have a great Sunday, everyone!

791

SCTP: Engage. Enlighten. Enhance.

20 Sep, 09:18

A random pick of tax positions available in Singapore where accreditation is preferred!

Merger & Acquisition Senior Associate/ Assistant Manager – Deloitte Singapore

For more tax jobs, visit SCTP’s jobs page!

896

SCTP: Engage. Enlighten. Enhance.

20 Sep, 00:31

“Tax opened my eyes to new perspectives.” #TaxRocks!

Be inspired by Accredited Tax Advisor (Income Tax) Wesley Chua’s journey, showcasing how meaningful and fulfilling a career in tax can be.

Stay tuned to the Tax Channel as SCTP continues to shine the spotlight on The Accredited’s journeys in tax.

Tax Rocks!

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

842

SCTP: Engage. Enlighten. Enhance.

19 Sep, 09:18

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

International Firms Call for Reduced Red Tape and Additional Tax Incentives for Johor-Singapore Special Economic Zone to be a Success

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

819

SCTP: Engage. Enlighten. Enhance.

19 Sep, 00:31

🏃‍♂️💨 HURRY! Tax Channel Subscribers Enjoy 25% OFF 💰💸🤑

Get a step-by-step analysis of the complex set of GloBE model rules that have been put in place to make the minimum taxation regime effective in “The ‘Pillar Two’ Global Minimum Tax”.

Add this title to your cart and check out with the promo code “SCTP25”, only for SCTP’s Telegram subscribers! This special 25% discount offer ends 6 October, Sunday.

SCTP Members have access to an EVEN BIGGER promotion! Refer to the 18 September 2024 edition of SCTP’s Taxcellence newsletter for more details!

👉 Click to add this book to your cart and checkout NOW! 🛒🛍

875

SCTP: Engage. Enlighten. Enhance.

18 Sep, 09:17

This week's Pulse on Tax:

• MOF's Summary of Response to Public Consultation on the Draft Multinational Enterprise (Minimum Tax) Bill and Income Tax (Amendment) Bill 2024s

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

824

SCTP: Engage. Enlighten. Enhance.

18 Sep, 00:31

‼️📞 LAST CALL to Secure Your Spot for Key Insights on Regional Tax Cases 🔑💡

This is your FINAL OPPORTUNITY to be part of the discussion of the region’s key tax cases. Gain critical insights to navigate the evolving tax landscape and learn how to effectively counteract the challenges posed by tax authorities.

This in-person session is NOT-TO-BE-MISSED! Time is running out so act fast and grab a seat to clock your SILE CPD hours before registration closes THIS WEEK.

🤫Psst... The special $9 discount remains.💰Sign up NOW!

➡️Click HERE to register!

531

SCTP: Engage. Enlighten. Enhance.

17 Sep, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Navigating Tax and Legal Intricacies of the Modern Retail Supply Chain

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

526

SCTP: Engage. Enlighten. Enhance.

17 Sep, 00:31

⏰🆕 Tick Tock: Your LAST CHANCE to Enjoy a 1-for-1 Promo on the Corporate Tax Filing Webinar 📑🗂

The details of SCTP’s annual tax compliance session with IRAS are now confirmed! Here’s what you can expect to be covered by the tax authority in this upcoming session:

• Get a refresher on common tax filing issues and mistakes:
- Unremitted foreign-sourced income
- Tax exemption for foreign-sourced dividends
- Foreign exchange gain or losses
- Interest expense
- Provisions
- Capital allowances
- Foreign tax credit
- Transfer pricing

• Be aware of key tax updates:
- CIT Rebate and CIT Rebate Cash Grant
- Enterprise Innovation Scheme
- Renovation and refurbishment expenditure
- Front-end fees

🐣🤑The Early Bird 1-for-1 Promotion for this session ENDS TODAY!💸🚨 Hurry, grab your friend/ colleagues and sign up now!

➡️Click HERE to register!

579

SCTP: Engage. Enlighten. Enhance.

16 Sep, 09:17

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Singapore Introduces Legislation for Top-up Corporate Taxes In Line With Pillar 2

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

517

SCTP: Engage. Enlighten. Enhance.

16 Sep, 00:31

⚖️🧑‍⚖️Get into the GIP Decision – A Game-Changer for Tax Professionals! 🎮👾

In today’s rapidly changing tax landscape, staying informed on the latest developments in tax law is more crucial than ever. The landmark GIP v CIT decision is a game-changer that could potentially impact the future of tax compliance and planning.

Break down the legal precedents set by this case with the team from Dentons Rodyk & Davidson LLP and gain practical insights on how to safeguard your/ your client’s business against the risk of tax avoidance allegations.

👉Register HERE!👈

611

SCTP: Engage. Enlighten. Enhance.

15 Sep, 03:17

Back with your weekly dose of tax humour😹😁😆

Why did the scarecrow become a tax consultant? 👨‍🌾🤔💼
Because he was outstanding in his field when it came to deductions! 😄😆😂

Have a great Sunday, everyone!

595

SCTP: Engage. Enlighten. Enhance.

13 Sep, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Corporate Tax Senior Associate – Grant Thornton

For more tax jobs, visit SCTP’s jobs page!

715

SCTP: Engage. Enlighten. Enhance.

13 Sep, 00:31

What is the meaning of tax? #TaxRocks!

Is tax all about tax revenues and tax figures? What is tax or more specifically, what is international tax?

With tax being a certainty (as with death as what the late Benjamin Franklin said), all businesses need to know their tax positions and thus need tax expertise.

Journey into what tax is and what tax means to Accredited Tax Advisor (Income Tax) Wesley Chua. Find out more about an affair that goes deep and wide.

Stay tuned to the Tax Channel for the finale to Wesley’s inspiring story.

Tax Rocks!

Get Accredited. Get Recognised.

🤫🤭 PSST... Featured on LinkedIn first 👀 Connect with us NOW and never miss out on a post again! 🤝

703

SCTP: Engage. Enlighten. Enhance.

12 Sep, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Commentary on the e-Tax Guide Titled "Tax Deduction for Expenses Incurred on Renovation or Refurbishment Works Done to Business Premises"

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

633

SCTP: Engage. Enlighten. Enhance.

12 Sep, 00:32

🆕♨️ ENJOY DISCOUNTED RATES ON THIS HOT NEW TITLE! 🥵💰

Grab your copy of the recently-published “The ‘Pillar Two’ Global Minimum Tax” for a thorough analysis of the GloBE model rules and an exploration of the critical concepts that shape Pillar 2.

Tax Channel subscribers get 25% OFF with the promo code “SCTP25”! Promotion ends 6 October, Sunday.

The Accredited enjoy an even bigger discount! Refer to the 11 September 2024 edition of SCTP’s Taxcellence newsletter for more details!

👉 Click to add this book to your cart and checkout NOW! 🛒🛍

683

SCTP: Engage. Enlighten. Enhance.

11 Sep, 09:17

This week's Pulse on Tax:

• New e-Tax Guide Titled: "Incorporation of Companies by Medical Professionals and Relevant Tax Implications" Highlighting Tax Avoidance and Legal Consequences

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

615

SCTP: Engage. Enlighten. Enhance.

11 Sep, 00:31

🔙‼️ BACK BY POPULAR DEMAND: See The Power of Copilot for FREE! 🆕🆓🤖

We have heard you that a lot more are interested despite the busy corporate tax peak season, so we are bringing this session online! Back by popular demand, come and see with your own eyes Copilot in action, in Work, Powerpoint, Excel and more.

Join the team from NetAssist Services for a COMPLIMENTARY webinar as they demonstrate how you can capitalise on this useful tool to turbo-charge your productivity!

➡️ Click HERE to register!

619

SCTP: Engage. Enlighten. Enhance.

10 Sep, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

Updated e-Tax Guide Titled "GST: Guide for the Insurance Industry" to Include GST Treatment for Input Tax Claims on Commission Paid to GST-Registered Agents and Intermediaries

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

649

SCTP: Engage. Enlighten. Enhance.

10 Sep, 00:31

🤑💲$10 DISCOUNT to Uncover the Practical Implications of the GIP v CIT Case ⚖️‼️

Are you fully aware of the far-reaching consequences of the GIP v CIT ruling? This landmark decision has sent ripples through the tax community, with significant implications for how business structures are viewed under Singapore’s General Anti-Avoidance Rule.

Don’t miss this opportunity to hear from the Dentons Rodyk & Davidson LLP team as they break down the case’s intricacies and what it means for your tax strategies moving forward.

Sign up NOW for a $10 DISCOUNT (before GST) on your registration! Act fast – this special Early Bird Promotion ends this Sunday!

👉Register HERE!👈

712

SCTP: Engage. Enlighten. Enhance.

09 Sep, 09:17

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

OECD: Designing the Organisational Arrangements for A Tax Administration

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

685

SCTP: Engage. Enlighten. Enhance.

09 Sep, 00:31

‼️💰 Enjoy this Special 9/9 Promotion for a LIMITED TIME ONLY! 💥9️⃣

Sign up NOW for this exclusive in-person seminar and hear directly from the Malaysian team involved in the Keysight Technologies (M) Sdn Bhd vs DGIR case and explore the implications of this landmark decision.

In addition to that, pick up practical tips on audit trends in Indonesia and hear about key cases related to domestic TP adjustments and more while clock your SILE CPD hours in this accredited session!

Celebrate 9/9 with a SPECIAL PROMOTION: Register by 15 September, Sunday and enjoy $9 OFF (before GST)!

➡️Click HERE to register!

760

SCTP: Engage. Enlighten. Enhance.

08 Sep, 03:16

Back with your weekly dose of tax humour😹😁😆

What is a tax advisor’s favourite song during tax season? 🧐😁🤨
"Money, Money, Money" by ABBA 🤑💰💵🤣😉

Have a great Sunday, everyone!

743

SCTP: Engage. Enlighten. Enhance.

06 Sep, 09:17

A random pick of tax positions available in Singapore where accreditation is preferred!

Tax Compliance Transformation Services, Senior Manager – PwC Singapore

For more tax jobs, visit SCTP’s jobs page!

827

SCTP: Engage. Enlighten. Enhance.

06 Sep, 00:31

In tax, the world is your playground: #TaxRocks!

In this era where there is an increase in contract roles and job insecurity, tax jobs are still high in demand across the world, even during the initial year of COVID.

Take a trip with Accredited Tax Advisor (Income Tax) Wesley Chua on his relocation right smack in the year that changed the world. It was the year 2020.

Look out on the Tax Channel for the next instalment of an SCTP member’s unique journey in tax.

Tax Rocks!

Get Accredited. Get Recognised.

🤫🤭 PSST... LinkedIn saw this first 👀 Connect with us NOW and never miss out on a post again! 🤝

803

SCTP: Engage. Enlighten. Enhance.

05 Sep, 09:17

📰 Tax Update 🚨

Hi everyone, top up on your tax news here:

Selected Personnel from Suspicious Transaction Reporting Office (STRO) Authorised to Request Relevant Tax or Trade Data from IRAS or Singapore Customs

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

742

SCTP: Engage. Enlighten. Enhance.

05 Sep, 00:31

👨‍🏫⚖️ Get Practical Takeaways From Courtroom to “Classroom”💡‼️

🗣Calling all tax lawyers: Grab your CPD hours now at this upcoming SILE-Accredited session!🧑‍⚖️ Gain practical strategies for managing tax challenges with insights from the minds behind landmark cases.

Join in the discussion in-person to dissect the decisions made in tax disputes, including the Keysight Technologies case, and explore the practical implications in asset disposals, transfer pricing, and more key areas.

💲💸 DON'T MISS OUR 9/9 PROMO: Enjoy $9 OFF your registration when you sign up by 15 September, Sunday! 🤑💰

➡️Click HERE to register!

802

SCTP: Engage. Enlighten. Enhance.

04 Sep, 09:17

This week's Pulse on Tax:

• Advance Ruling on Whether Profits Derived by a Partnership from the Proposed Sale of its Business to a Company as a Result of Restructuring is Capital in Nature

Forward and share 📲 so more in your tax network can be clued in. 👏 (For more key tax news, head over to our website here!)

729

SCTP: Engage. Enlighten. Enhance.

04 Sep, 00:31

⚠️🗣 LAST CALL for FREE TP TIPS & Strategies! 🇬🇧🇮🇪🇸🇬

This is your FINAL opportunity to join in our upcoming joint webinar with CIOT, bringing you unparalleled insights and a holistic overview of the evolving Transfer Pricing (TP) audit landscape in the UK, Ireland and Singapore.

Equip yourself with the knowledge to navigate heightened TP scrutiny with confidence and pick up practical strategies to help you/ your clients better manage your TP positions.

Registration is CLOSING THIS WEEK. Hurry, secure your spot before it’s too late!

The Accredited enjoy COMPLIMENTARY access!

👉Register HERE!👈

787

SCTP: Engage. Enlighten. Enhance.

03 Sep, 09:17

📰 Tax Picks🚨

Keep yourself updated on the latest in tax with this read:

OECD Releases Selection Documentation Package for MNE Participating in ICAP Risk Assessments

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

758

SCTP: Engage. Enlighten. Enhance.

03 Sep, 00:31

‼️🆕 Into the Anatomy of Anti-Avoidance in GIP v CIT ⚖️🧑‍⚖️

Don't miss out on our NEW webinar where participants will:
• Analyse the tax authorities' decision in the GIP v The Comptroller of Income Tax case
• Explore how the General Anti-Avoidance Rule (GAAR) affects common business structures and tax compliance strategies
• Gain practical insights to avoid tax avoidance allegations and ensure tax compliance
• Discover the potential broader implications of the Board’s decision on GAAR applications in Singapore

🦅💰Sign up NOW to enjoy the EARLY BIRD PROMO: Get $10 OFF when you register by 15 September, Sunday!🚨

👉Register HERE!👈

845

SCTP: Engage. Enlighten. Enhance.

02 Sep, 09:17

📰Tax Blast from Last Week🚨

Here’s what you may have missed in tax:

Australia: Commissioner's Remedial Power to Modify Law Gives Certainty

You heard this from the Tax Channel!😁 Share and subscribe to be in the know🔎 and head over to our website for more key tax news!📲

816

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