Course Detail(TAX305v : Insights into the Taxation of Investment Companies and Service Companies (Live Webinar))
Not Available

UTAP Funding

TAX305v : Insights into the Taxation of Investment Companies and Service Companies (Live Webinar)

3.50 CPE Hours (Others)
Live Webinar

Programme Objective

Investment holding company as well as service companies which provides services to related entities are subject to different income tax treatment compared to a normal trading company. This half-day webinar by ISCA will provide participants with a good understanding of the tax treatment of such companies as well as transfer pricing considerations.

On the completion of this course, you will understand:
 
  1. Fundamentals on taxable income, deductible expenses and capital allowance claim
  2. The difference in the tax treatment between investment dealing and investment holding company.
  3. The difference in the tax treatment between an investment holding company deriving passive income and an investment holding company in the business of making an investment
  4. Different bases of assessment for service company
  5. Transfer pricing of related party services

Programme Outline

A Highlight of Key Areas:
 
  • Overview on taxation of income, deduction of expenses and capital allowance
  • Taxation of investment dealing vs investment holding company
  • Taxation of investment holding company deriving passive income vs investment holding company in the business of making investment, subject to S.10D of the Income Tax Act
  • Different bases of assessment for service company
  • Overview of transfer pricing of related party services
Training Methodology

Lecture style with exercises, examples and case studies

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

Intended For

Business owners; Finance, and accounting professionals

Competency Mapping

Others = 3.50 Hours

Schedule & Fees
Date & Time

05 Dec 2024 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 220.18
For Non-Members: $ 261.60

Programme Facilitator(s)

Ms Lee Yuet Lai

Venue

Live Webinar in or outside of
Singapore

Testimonial


Trainer explained course material clearly and used calculation examples which help to understand concepts.

Past Participant - 24 Apr 2024


One of the best trainers in this topic. The illustrations were very clear.

Past Participant - 24 Apr 2024


Trainer is very clear and explained very well. Easy to digest and well paced.

Past Participant - 24 Apr 2024


The course was incredibly informative and empowering. Thank you!

Past Participant - 24 Apr 2024


Ms Lee is an excellent and experience trainer. I have benefi tted and have a better understanding of the subject.Thank you.

Past Participant - 24 Apr 2024

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)


Ms Lee Yuet Lai
CA (Singapore)
Accredited Tax Advisor (SCTP), BAcc
 
Yuet Lai has a 20-year career in taxation with one of the Big 4 accounting firm and a multinational corporation as its in-house senior tax advisor. She has extensive experience providing tax advisory and tax compliance services to many notable clients including financial institutions and fund management companies as well as dealing with the Inland Revenue Authority of Singapore.
 
On the academia front, Yuet Lai has 15 years of experience in the teaching of Taxation including teaching ACCA Basic and Advanced Taxation, Singapore Chartered Accountant (SCA) qualification, ATTS and polytechnic. She is currently teaching Taxation with a local university. She was the examiner for the Taxation module of a national professional examination and the author of ACCA Advanced Taxation Revision Kit.
 
Leveraging on her industry and teaching experiences, Yuet Lai is able to articulate and explain complex tax concepts in “layman” terms. She has consistently received excellent feedback on her clarity and passion in teaching.
 
Yuet Lai graduated with a Bachelor Degree in Accountancy (BAcc) from the National University of Singapore (NUS). She is a Chartered Accountant of Singapore (CA Singapore) with the Institute of Singapore Chartered Accountants (ISCA) and an Accredited Tax Advisor with Singapore Chartered Tax Professionals (SCTP). She has obtained WSQ Advanced Certificate in Learning and Performance (ACLP) to teach adult learners.

Programme Objective

Investment holding company as well as service companies which provides services to related entities are subject to different income tax treatment compared to a normal trading company. This half-day webinar by ISCA will provide participants with a good understanding of the tax treatment of such companies as well as transfer pricing considerations.

On the completion of this course, you will understand:
 
  1. Fundamentals on taxable income, deductible expenses and capital allowance claim
  2. The difference in the tax treatment between investment dealing and investment holding company.
  3. The difference in the tax treatment between an investment holding company deriving passive income and an investment holding company in the business of making an investment
  4. Different bases of assessment for service company
  5. Transfer pricing of related party services

Programme Outline

A Highlight of Key Areas:
 
  • Overview on taxation of income, deduction of expenses and capital allowance
  • Taxation of investment dealing vs investment holding company
  • Taxation of investment holding company deriving passive income vs investment holding company in the business of making investment, subject to S.10D of the Income Tax Act
  • Different bases of assessment for service company
  • Overview of transfer pricing of related party services
Training Methodology

Lecture style with exercises, examples and case studies

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

Intended For

Business owners; Finance, and accounting professionals

Competency Mapping

Others = 3.50 Hours

Programme Facilitator(s)

Ms Lee Yuet Lai
CA (Singapore)
Accredited Tax Advisor (SCTP), BAcc
 
Yuet Lai has a 20-year career in taxation with one of the Big 4 accounting firm and a multinational corporation as its in-house senior tax advisor. She has extensive experience providing tax advisory and tax compliance services to many notable clients including financial institutions and fund management companies as well as dealing with the Inland Revenue Authority of Singapore.
 
On the academia front, Yuet Lai has 15 years of experience in the teaching of Taxation including teaching ACCA Basic and Advanced Taxation, Singapore Chartered Accountant (SCA) qualification, ATTS and polytechnic. She is currently teaching Taxation with a local university. She was the examiner for the Taxation module of a national professional examination and the author of ACCA Advanced Taxation Revision Kit.
 
Leveraging on her industry and teaching experiences, Yuet Lai is able to articulate and explain complex tax concepts in “layman” terms. She has consistently received excellent feedback on her clarity and passion in teaching.
 
Yuet Lai graduated with a Bachelor Degree in Accountancy (BAcc) from the National University of Singapore (NUS). She is a Chartered Accountant of Singapore (CA Singapore) with the Institute of Singapore Chartered Accountants (ISCA) and an Accredited Tax Advisor with Singapore Chartered Tax Professionals (SCTP). She has obtained WSQ Advanced Certificate in Learning and Performance (ACLP) to teach adult learners.

Upcoming Schedule

Date & Time

05 Dec 2024 (9:00 AM - 12:30 PM)
Fee (inclusive of GST)


SGD pricing -

For Members: $ 220.18
For Non-Members: $ 261.60


Programme Facilitator(s)

Ms Lee Yuet Lai

Venue

Live Webinar in or outside of
Singapore


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