Course Detail(E129 : Ethical Issues (Advanced) in International Tax & Transfer Pricing: Blurring lines between the Law and Ethics)

E129 : Ethical Issues (Advanced) in International Tax & Transfer Pricing: Blurring lines between the Law and Ethics

3.50 CPE Hours (Category 2)
Classroom


Programme Objective

*Notice
Participants should preferably attend E112: Ethical Issues & Updates in Cross-border Tax and International Transfer Pricing before attending this course.


The tax compliance environment for multinational corporations has changed dramatically.  In the area of tax optimization, what is considered acceptable has also changed forever with developments in the US and Europe following from tax planning and avoidance undertaken by Starbucks, Amazon, Google and Apple coming under scrutiny.  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.

This course looks at the latest developments in ethical issues in cross-border tax and international transfer pricing and what it means to the accounting profession.  It is meant to complement ISCA Code of Conduct ethics courses 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.

Programme Outline

  • Cross-border tax and transfer pricing
  • Caterpillar, Starbucks, Amazon, Google, Apple tax minimisation
  • Luxembourg tax leaks
  • The OECD Base Erosion and Profit Shifting initiative
  • Individuals
  • Hiding assets offshore
  • Beneficial ownership
  • Ethics and tax: avoidance vs evasion vs legitimate tax planning – the blurring line
  • The Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act – what has this to do with me?
  • Are accountants’ work-papers privileged?
  • What does the above mean to us as a profession?
Training Methodology
Lecture / seminar style with simple easy-to-understand explanation of trends, concepts and/or commercial examples.

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced 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 (1:30 PM - 5:00 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

18 Jan 2020 (1:30 PM - 5:00 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 (1:30 PM - 5:00 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 (1:30 PM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Date & Time

27 Jul 2019 (1:30 PM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Sam Sim

Date & Time

17 Dec 2016 (1:30 PM - 5:00 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

*Notice
Participants should preferably attend E112: Ethical Issues & Updates in Cross-border Tax and International Transfer Pricing before attending this course.


The tax compliance environment for multinational corporations has changed dramatically.  In the area of tax optimization, what is considered acceptable has also changed forever with developments in the US and Europe following from tax planning and avoidance undertaken by Starbucks, Amazon, Google and Apple coming under scrutiny.  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.

This course looks at the latest developments in ethical issues in cross-border tax and international transfer pricing and what it means to the accounting profession.  It is meant to complement ISCA Code of Conduct ethics courses 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.

Programme Outline

  • Cross-border tax and transfer pricing
  • Caterpillar, Starbucks, Amazon, Google, Apple tax minimisation
  • Luxembourg tax leaks
  • The OECD Base Erosion and Profit Shifting initiative
  • Individuals
  • Hiding assets offshore
  • Beneficial ownership
  • Ethics and tax: avoidance vs evasion vs legitimate tax planning – the blurring line
  • The Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act – what has this to do with me?
  • Are accountants’ work-papers privileged?
  • What does the above mean to us as a profession?
Training Methodology
Lecture / seminar style with simple easy-to-understand explanation of trends, concepts and/or commercial examples.

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced 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

Date & Time

23 Dec 2019 (1:30 PM - 5:00 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