Course Detail()
Not Available

UTAP Funding

7.00 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Live Webinar

Programme Objective

This course aims to equip participants with a good understanding of the legal and practical aspects of (i) tax avoidance, (ii) tax evasion, and (iii) tax planning in Singapore. Particular focus and emphasis will be placed on tax avoidance and its latest legal developments, including recent case law.

Where applicable, practical examples, illustrations and case studies (including recent court cases) will be used to enable participants to relate and apply to real life tax situations.

Through this 1-day course, the participants will:

  • Understand the key differences between tax planning, tax avoidance and tax evasion
  • Learn practical tax planning strategies to mitigate tax
  • Acquire knowledge on the legal principles of tax avoidance
  • Be updated with the recent legal amendments/ developments on tax avoidance
  • Appreciate the risks and penalties involved in tax evasion

Programme Outline

  • Key differences between tax planning, tax avoidance and tax evasion
  • Tax Planning – Practical strategies including:
    • Synopsis
    • Prerequisites
    • Income planning
    • International tax arrangements
    • Corporate reorganisation and restructuring
    • Overseas business ventures and income
  • Tax Avoidance – Law and Practice
    • General anti-avoidance provision (Section 33) and its recent amendments
    • Guiding principles
    • Developments after Comptroller of Income Tax v AQQ 
    • Recent landmark case of Wee Teng Yau v CIT
  • Tax Evasion – Law and Practice
    • Legal provisions
    • Penalties
    • Real life cases

Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking

Training Methodology

Lecture style, with case studies and examples.

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

Intended For

A foundational to intermediate level programme for professionals who would like to have a good understanding of the legal and practical aspect of tax avoidance, tax evasion or tax planning.

Schedule & Fees

Testimonial


I think it is important that the trainer is engaging, provides course materials before the course and attempts to answer the participants' queries. Mr Lau is a very meticulous and responsive trainer. Thumbs up for him!

Past Participant


Happy to be able to have an enriching session and to share some thoughts with others remotely. The session has given me some understanding about the development of tax avoidance areas

Past Participant


This programme has helped to refresh my memory on the basic tax knowledge and different illustration makes
me think out of the box

Past Participant


It is useful to learn about the differences between tax planning, avoidance and evasion and prevent getting
ourselves into the latter 2 situations.

Past Participant

Funding

1] NTUC Union Training Assistance Programme (UTAP)

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2025.

*Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This excludes material fees, registration fees, misc. fees etc.

This course is approved for UTAP support for intakes conducted between 08 February 2024 – 31 March 2025.

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.

For more information on UTAP Funding and to submit for UTAP claims, please visit https://www.ntuc.org.sg/uportal/programmes/union-training-assistance-programme. Terms and conditions apply.

Programme Facilitator(s)

Programme Objective

This course aims to equip participants with a good understanding of the legal and practical aspects of (i) tax avoidance, (ii) tax evasion, and (iii) tax planning in Singapore. Particular focus and emphasis will be placed on tax avoidance and its latest legal developments, including recent case law.

Where applicable, practical examples, illustrations and case studies (including recent court cases) will be used to enable participants to relate and apply to real life tax situations.

Through this 1-day course, the participants will:

  • Understand the key differences between tax planning, tax avoidance and tax evasion
  • Learn practical tax planning strategies to mitigate tax
  • Acquire knowledge on the legal principles of tax avoidance
  • Be updated with the recent legal amendments/ developments on tax avoidance
  • Appreciate the risks and penalties involved in tax evasion

Programme Outline

  • Key differences between tax planning, tax avoidance and tax evasion
  • Tax Planning – Practical strategies including:
    • Synopsis
    • Prerequisites
    • Income planning
    • International tax arrangements
    • Corporate reorganisation and restructuring
    • Overseas business ventures and income
  • Tax Avoidance – Law and Practice
    • General anti-avoidance provision (Section 33) and its recent amendments
    • Guiding principles
    • Developments after Comptroller of Income Tax v AQQ 
    • Recent landmark case of Wee Teng Yau v CIT
  • Tax Evasion – Law and Practice
    • Legal provisions
    • Penalties
    • Real life cases

Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking

Training Methodology

Lecture style, with case studies and examples.

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

Intended For

A foundational to intermediate level programme for professionals who would like to have a good understanding of the legal and practical aspect of tax avoidance, tax evasion or tax planning.

Programme Facilitator(s)


No course instances or course instance sessions available.