Course Detail(TAX102 : Reducing Your Effective Tax Rate Through Tax Incentives and Negotiation)

UTAP Funding

TAX102 : Reducing Your Effective Tax Rate Through Tax Incentives and Negotiation

3.50 CPE Hours (Others)
Classroom

Programme Objective

At last, the Productivity and Innovation Credit (PIC) Scheme as announced in the Budget 2010 has come to an end.  Notwithstanding the fact that the Finance Minister has introduced certain new measures with a view to raising productivity in the Budget 2018, the question remains whether you are aware of other alternatives to reducing your organization's effective tax rate (ETR)?  Have you considered the possibility of applying for tax incentives that might potentially create a better tax saving results?  Some participants revealed that they have been under pressure to look for possible ways to reduce their organizations’ ETR and thus, wanted to find out the mechanics of tax incentive planning and negotiation, which cannot be found in any textbooks.

How many of you realize that our tax incentives are not only applicable to foreign investors but also local companies?  How many of you want to know how tax incentives are negotiated with the relevant government agencies so that you are able to better position yourself using the techniques of experienced tax practitioners?  How many of you realize that it is only the beginning when your organization is awarded tax incentives and there are still a significant amount of compliance issues with the incentive’s terms and conditions?

 

Programme Outline

  • Debate whether Singapore is a tax haven
  • Explain Singapore’s rationale of awarding tax incentives to potential investors
  • Formulate the critical success formula in tax incentive negotiation in Singapore
  • Review common tax incentives available to potential investors
  • Highlight the importance of tax incentive negotiation in tax planning and structuring assignment
  • Describe common pitfalls in tax incentive negotiation assignment and explain how you can avoid them


Training Methodology
Group-based Learning with Case Studies and Examples.

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

Intended For

An Intermediate to Advanced level programme intended for: Senior Tax Consultants, Managers and Senior Managers in International CA firms who are involved in tax advisory work; Tax Associates from all levels in law firms who are involved in tax advisory work; In-house Tax Directors and Managers, Chief Financial Officers, or Financial Controllers who are involved in making key tax decisions for their companies; Public Practitioners from local CA firms who provide their clients with tax compliance and tax advisory services; Independent advisors who provide their clients with tax advisory services; and Non-tax professionals who aspire to gain a practical understanding of the tax incentive regimes and the related practical issues.

Competency Mapping

Others = 3.50 Hours

Schedule & Fees

Date & Time

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

Registration is closed

Programme Facilitator(s)

Jack HM Wong

Date & Time

05 Apr 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Jack HM Wong

Date & Time

21 May 2018 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Jack HM Wong

Testimonial


The trainer is very engaging and able to give practical examples from his vast experience, which allows us to understand the concept and learning points better. The venue is also well-conducive.

Jessica Taffy

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members. NTUC member gets to enjoy UTAP funding 50% of the unfunded course fee capped at $250 every year. This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2019 – 31 March 2020.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.


To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
 
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)


Jack HM Wong
Accredited Tax Advisor (Income Tax & GST)
FCA Singapore 
 
 
An Accredited Tax Advisor, Jack has over 24 years of international tax experience, providing MNC and high net-worth individuals with his comprehensive, relevant and timely solutions to address their urgent tax challenges.  He also has substantial experience in resolving tax disputes with the tax authorities and negotiating for tax incentives with the Singapore Government agencies on behalf his clients. Jack wins praise for his effective balance of the tax technical skills and client services.  In 2010, Jack received the honour of being named one of the top Notable Tax Practitioners in Singapore by Chambers & Partners, Asia. 
 
Apart from his tax practice, Jack has also embarked on his personal development journey and training in 2008 as he realises that it is important to have both business/ technical development and personal development for him to continue to take his business to the next level. Jack made the decision to specialise in the areas of personality profiling, sales presentation & pitch construction using proven language patterns, negotiation and communication skills. 
 
Currently, Jack is a certified / licensed trainer & facilitator with the following credentials:
 
Certified TetraMap Facilitator
Certified & Licensed Trainer with BANKCODE 
Licensed Trainer in Neuro-Linguistic Programming
Certified Trainer & Coach in Blair Singer Training Academy
Certified Trainer in Myers-Briggs Type Indicator® for STEP I & STEP II
Certified Trainer in Basic and Advanced Enneagram Spectrum of Personality Styles

Programme Objective

At last, the Productivity and Innovation Credit (PIC) Scheme as announced in the Budget 2010 has come to an end.  Notwithstanding the fact that the Finance Minister has introduced certain new measures with a view to raising productivity in the Budget 2018, the question remains whether you are aware of other alternatives to reducing your organization's effective tax rate (ETR)?  Have you considered the possibility of applying for tax incentives that might potentially create a better tax saving results?  Some participants revealed that they have been under pressure to look for possible ways to reduce their organizations’ ETR and thus, wanted to find out the mechanics of tax incentive planning and negotiation, which cannot be found in any textbooks.

How many of you realize that our tax incentives are not only applicable to foreign investors but also local companies?  How many of you want to know how tax incentives are negotiated with the relevant government agencies so that you are able to better position yourself using the techniques of experienced tax practitioners?  How many of you realize that it is only the beginning when your organization is awarded tax incentives and there are still a significant amount of compliance issues with the incentive’s terms and conditions?

 

Programme Outline

  • Debate whether Singapore is a tax haven
  • Explain Singapore’s rationale of awarding tax incentives to potential investors
  • Formulate the critical success formula in tax incentive negotiation in Singapore
  • Review common tax incentives available to potential investors
  • Highlight the importance of tax incentive negotiation in tax planning and structuring assignment
  • Describe common pitfalls in tax incentive negotiation assignment and explain how you can avoid them


Training Methodology
Group-based Learning with Case Studies and Examples.

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

Intended For

An Intermediate to Advanced level programme intended for: Senior Tax Consultants, Managers and Senior Managers in International CA firms who are involved in tax advisory work; Tax Associates from all levels in law firms who are involved in tax advisory work; In-house Tax Directors and Managers, Chief Financial Officers, or Financial Controllers who are involved in making key tax decisions for their companies; Public Practitioners from local CA firms who provide their clients with tax compliance and tax advisory services; Independent advisors who provide their clients with tax advisory services; and Non-tax professionals who aspire to gain a practical understanding of the tax incentive regimes and the related practical issues.

Competency Mapping

Others = 3.50 Hours

Programme Facilitator(s)

Jack HM Wong
Accredited Tax Advisor (Income Tax & GST)
FCA Singapore 
 
 
An Accredited Tax Advisor, Jack has over 24 years of international tax experience, providing MNC and high net-worth individuals with his comprehensive, relevant and timely solutions to address their urgent tax challenges.  He also has substantial experience in resolving tax disputes with the tax authorities and negotiating for tax incentives with the Singapore Government agencies on behalf his clients. Jack wins praise for his effective balance of the tax technical skills and client services.  In 2010, Jack received the honour of being named one of the top Notable Tax Practitioners in Singapore by Chambers & Partners, Asia. 
 
Apart from his tax practice, Jack has also embarked on his personal development journey and training in 2008 as he realises that it is important to have both business/ technical development and personal development for him to continue to take his business to the next level. Jack made the decision to specialise in the areas of personality profiling, sales presentation & pitch construction using proven language patterns, negotiation and communication skills. 
 
Currently, Jack is a certified / licensed trainer & facilitator with the following credentials:
 
Certified TetraMap Facilitator
Certified & Licensed Trainer with BANKCODE 
Licensed Trainer in Neuro-Linguistic Programming
Certified Trainer & Coach in Blair Singer Training Academy
Certified Trainer in Myers-Briggs Type Indicator® for STEP I & STEP II
Certified Trainer in Basic and Advanced Enneagram Spectrum of Personality Styles

Upcoming Schedule

Registration is closed

Date & Time

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

Fee (inclusive of GST)

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

Programme Facilitator(s)

Jack HM Wong

Venue

60 Cecil Street
ISCA House
Singapore 049709