Course Detail()

3.50 CPE Hours (Category 1, Category 2, Category 3, Category 4Category 5, Others)
Classroom

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 



 
Programme Objective

Digitalization has changed our way of life. The COVID-19 restrictions have pushed the demand for digital goods and services in manifolds. GST is no longer a domestic tax, and it has since progressed beyond the boundaries. What are the new GST rules that Singapore has adopted to protect the GST revenues and level the playing field between domestic businesses and their overseas counterparts?

This half-a-day session aims to give an overview of the GST taxing tools and taxing framework in areas specific to the digital economy: reverse charge, overseas vendor registration regime; digital tokens, digital payment tokens, cross-border digital and non-digital transactions (including low-value goods and remote services), through case studies.

Programme Outline

 
  • GST Challenges faced in a digital economy
  • Definition of goods and services in the digital economy
  • The taxing tools – Reverse Charge and Overseas Vendor Registration Regime
  • Digital tokens and digital payment tokens
  • Cross- border transactions in the digital economy
  • The Singapore GST Taxing Model in the digital economy
On the completion of this course, you will:
  • Appreciate the rationale in leveling the playing field
  • Understand the GST taxing mechanism in the digital economy
  • Grasp the characteristics of the specific products in the digital economy
  • Comprehend the respective GST treatment of the specific products in the digital economy

 

Training Methodology

Lecture style, 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. CFOs, Directors, CEOs, Partners, Sole proprietors, and senior accounting and tax professionals of any organization with have some basic knowledge about GST and like to upgrade their knowledge on the GST applications of some specific products in the digital economy.

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 



 
Programme Objective

Digitalization has changed our way of life. The COVID-19 restrictions have pushed the demand for digital goods and services in manifolds. GST is no longer a domestic tax, and it has since progressed beyond the boundaries. What are the new GST rules that Singapore has adopted to protect the GST revenues and level the playing field between domestic businesses and their overseas counterparts?

This half-a-day session aims to give an overview of the GST taxing tools and taxing framework in areas specific to the digital economy: reverse charge, overseas vendor registration regime; digital tokens, digital payment tokens, cross-border digital and non-digital transactions (including low-value goods and remote services), through case studies.

Programme Outline

 
  • GST Challenges faced in a digital economy
  • Definition of goods and services in the digital economy
  • The taxing tools – Reverse Charge and Overseas Vendor Registration Regime
  • Digital tokens and digital payment tokens
  • Cross- border transactions in the digital economy
  • The Singapore GST Taxing Model in the digital economy
On the completion of this course, you will:
  • Appreciate the rationale in leveling the playing field
  • Understand the GST taxing mechanism in the digital economy
  • Grasp the characteristics of the specific products in the digital economy
  • Comprehend the respective GST treatment of the specific products in the digital economy

 

Training Methodology

Lecture style, 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. CFOs, Directors, CEOs, Partners, Sole proprietors, and senior accounting and tax professionals of any organization with have some basic knowledge about GST and like to upgrade their knowledge on the GST applications of some specific products in the digital economy.

Programme Facilitator(s)


No course instances or course instance sessions available.