Course Detail(E112 : Ethical Issues & Updates in Cross-border Tax and International Transfer Pricing)

E112 : Ethical Issues & Updates in Cross-border Tax and International Transfer Pricing

3.50 CPE Hours (Category 2)
Classroom


Programme Objective

As a regional business and financial hub, what this means for many accountants, auditors and in-house finance professionals in Singapore is that tax and transfer pricing is part of their remit. 

Post financial crisis, the tax compliance environment for MNCs has changed dramatically.  With developments in the US and Europe as a result of tax planning and avoidance undertaken by Starbucks, Amazon, Google and Apple coming to light, what is considered acceptable tax optimization has changed forever.  It is no longer enough just to follow the precise rules and tax regulations, there is a higher order ethical consideration about paying the socially ‘right’ amount of tax within the boundaries of tax compliance.  In the recent annual survey by the British Institute of Business Ethics, tax avoidance tops the list of ethics issues for businesses. 
This course traces the latest developments of ethical issues in cross-border tax and international transfer pricing.  It is meant to complement the ISCA Code of Conduct and Ethics by looking at ethical issues beyond the shores of Singapore and help professionals think about ethical decisions/choices as they plan and manage their companies’ or client’s cross-border tax and transfer pricing affairs.

This course will take a lively interactive approach with simple easy-to-understand explanation of trends, concepts and commercial examples.

Programme Outline

  • Ethics and Tax
  • Tax Avoidance vs Evasion            
  • The Tax Audit Process
  • Trend towards Greater Transparency and Exchange of Information
  • Corporates
  • Reputations at Stake: Why is tax and transfer pricing risk becoming a boardroom issue?
  • Starbucks, Amazon, Google, Apple tax minimisation cases
  • The OECD Base Erosion and Profit Shifting initiative explained
  • Individuals
  • Mixing individual with corporate assets
  • Hiding assets offshore
  • Sampling Different Codes of Conduct
    • Australia Code of Professional Conduct for Tax Agency Services
    • UK Code of Practice on Taxation on Banks
    • Tax Justice Network Code of Conduct for Taxation
  • Case Studies and Application

 
Training Methodology
Lecture/seminar style with interactive participation and exercises/case studies. Participants are encouraged to contribute perspectives from their experiences/organizations. 
 
Closing Date for Registration
1 week before programme or until fullenrolment
 

Intended For

An Foundation to Intermediate level programme intended for Accounting, Audit, Finance and Tax professionals who are involved in decision making, governance, oversight, implementation or managing international transfer pricing and/or tax planning in their organizations.

Competency Mapping

Category 2 = 3.50 Hours

Schedule & Fees

Date & Time

23 Dec 2019 (9:00 AM - 12:30 PM)

Limited Seats

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Sam Sim

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

18 Jan 2020 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Sam Sim

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

21 Dec 2020 (9:00 AM - 12:30 PM)

Registration is closed

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Sam Sim

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

02 Sep 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Date & Time

27 Jul 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Date & Time

17 Dec 2016 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Sam Sim
President, Tax Executive Institute, Asia Chapter

IBM

Sam Sim is a board member and Vice-chair of the Tax Committee of the Tax Executive Institute Asia chapter and a former chair of the Transfer Pricing committee of CMTC, an industry group of Asia-Pac directors. He was also Deputy Head of Global Transfer Pricing at a European MNC with a team covering more than 70 countries worldwide. He combines practical commercial experience with clear explanation of ideas having lectured at the IBFD International Tax Academy and UniSIM Master of Tax programme and authored the seminal LexisNexis treatise – “The Logic and Practice of Transfer Pricing”. He holds Master degrees in Law, Accounting and Economics from, inter alia, the New York University School of Law (LL.M. Tax), SMU and University of Cambridge.


Programme Objective

As a regional business and financial hub, what this means for many accountants, auditors and in-house finance professionals in Singapore is that tax and transfer pricing is part of their remit. 

Post financial crisis, the tax compliance environment for MNCs has changed dramatically.  With developments in the US and Europe as a result of tax planning and avoidance undertaken by Starbucks, Amazon, Google and Apple coming to light, what is considered acceptable tax optimization has changed forever.  It is no longer enough just to follow the precise rules and tax regulations, there is a higher order ethical consideration about paying the socially ‘right’ amount of tax within the boundaries of tax compliance.  In the recent annual survey by the British Institute of Business Ethics, tax avoidance tops the list of ethics issues for businesses. 
This course traces the latest developments of ethical issues in cross-border tax and international transfer pricing.  It is meant to complement the ISCA Code of Conduct and Ethics by looking at ethical issues beyond the shores of Singapore and help professionals think about ethical decisions/choices as they plan and manage their companies’ or client’s cross-border tax and transfer pricing affairs.

This course will take a lively interactive approach with simple easy-to-understand explanation of trends, concepts and commercial examples.

Programme Outline

  • Ethics and Tax
  • Tax Avoidance vs Evasion            
  • The Tax Audit Process
  • Trend towards Greater Transparency and Exchange of Information
  • Corporates
  • Reputations at Stake: Why is tax and transfer pricing risk becoming a boardroom issue?
  • Starbucks, Amazon, Google, Apple tax minimisation cases
  • The OECD Base Erosion and Profit Shifting initiative explained
  • Individuals
  • Mixing individual with corporate assets
  • Hiding assets offshore
  • Sampling Different Codes of Conduct
    • Australia Code of Professional Conduct for Tax Agency Services
    • UK Code of Practice on Taxation on Banks
    • Tax Justice Network Code of Conduct for Taxation
  • Case Studies and Application

 
Training Methodology
Lecture/seminar style with interactive participation and exercises/case studies. Participants are encouraged to contribute perspectives from their experiences/organizations. 
 
Closing Date for Registration
1 week before programme or until fullenrolment
 

Intended For

An Foundation to Intermediate level programme intended for Accounting, Audit, Finance and Tax professionals who are involved in decision making, governance, oversight, implementation or managing international transfer pricing and/or tax planning in their organizations.

Competency Mapping

Category 2 = 3.50 Hours

Programme Facilitator(s)

Sam Sim
President, Tax Executive Institute, Asia Chapter

IBM

Sam Sim is a board member and Vice-chair of the Tax Committee of the Tax Executive Institute Asia chapter and a former chair of the Transfer Pricing committee of CMTC, an industry group of Asia-Pac directors. He was also Deputy Head of Global Transfer Pricing at a European MNC with a team covering more than 70 countries worldwide. He combines practical commercial experience with clear explanation of ideas having lectured at the IBFD International Tax Academy and UniSIM Master of Tax programme and authored the seminal LexisNexis treatise – “The Logic and Practice of Transfer Pricing”. He holds Master degrees in Law, Accounting and Economics from, inter alia, the New York University School of Law (LL.M. Tax), SMU and University of Cambridge.

Upcoming Schedule

Limited Seats

Date & Time

23 Dec 2019 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Sam Sim

Venue

60 Cecil Street
ISCA House
Singapore 049709