| This session is delivered via live webinar (zoom platform). |
Programme Objective
To examine the legal and ethical issues involved in cases of honest and dishonest tax reduction methods including aspects of the criminal law.
Programme Outline
Tax fraud – criminal procedure, charges, burdens of proof, admissible evidence, Criminal Procedure Code, sentencing considerations, punishment
Case studies of tax fraud – cars at less than cost price, doctor who doctored records
International tax avoidance tactics – transfer pricing, Dutch sandwich, Double Irish, substance and form
International tax scandals – infamous companies using tax shelters to reduce tax burdens - Apple Computers, Eurobonds, Starbucks, Google
Tax planning and avoidance – legal and ethical distinction – paying a fair share of tax – CSR (Corporate social responsibility) – use and abuses of tax treaties – transfer pricing abuses
Ethical principles – who is to set standards – suggested principles : substance, scrutiny, hypocrisy. Conflicts of duties – duty to client and duty to country and society – protective legal opinions
Ethical duties of tax advisors – ISCA codes and Singapore Institute of Accredited Tax Professionals – responses to breach – disciplinary proceedings and litigation – burdens of proof – judicial review
Ethical duties of lawyers and accountants compared – duties to court – duties of honesty
Difficult ethical issues - lack of professionalism and its effects – confidentiality and its limits – disclosure in public interest - use of Chinese walls and their effectiveness – Bolkiah v KPMG (the Sultan of Brunei’s brother’s case)
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 a case study for discussion
Closing Date for Registration
1 week before programme or until full enrolment
Intended For
A Intermediate level programme intended for Finance and Tax Practitioners, and/or Tax Accountants. Professionals who would like understand about the legal and ethical issues surrounding tax avoidance, tax evasion or tax fraud are welcome to attend.
Schedule & Fees
Testimonial
Funding
2] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
To find out more on the UTAP funding and support validity period please click here.
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)
| This session is delivered via live webinar (zoom platform). |
Programme Objective
To examine the legal and ethical issues involved in cases of honest and dishonest tax reduction methods including aspects of the criminal law.
Programme Outline
Tax fraud – criminal procedure, charges, burdens of proof, admissible evidence, Criminal Procedure Code, sentencing considerations, punishment
Case studies of tax fraud – cars at less than cost price, doctor who doctored records
International tax avoidance tactics – transfer pricing, Dutch sandwich, Double Irish, substance and form
International tax scandals – infamous companies using tax shelters to reduce tax burdens - Apple Computers, Eurobonds, Starbucks, Google
Tax planning and avoidance – legal and ethical distinction – paying a fair share of tax – CSR (Corporate social responsibility) – use and abuses of tax treaties – transfer pricing abuses
Ethical principles – who is to set standards – suggested principles : substance, scrutiny, hypocrisy. Conflicts of duties – duty to client and duty to country and society – protective legal opinions
Ethical duties of tax advisors – ISCA codes and Singapore Institute of Accredited Tax Professionals – responses to breach – disciplinary proceedings and litigation – burdens of proof – judicial review
Ethical duties of lawyers and accountants compared – duties to court – duties of honesty
Difficult ethical issues - lack of professionalism and its effects – confidentiality and its limits – disclosure in public interest - use of Chinese walls and their effectiveness – Bolkiah v KPMG (the Sultan of Brunei’s brother’s case)
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 a case study for discussion
Closing Date for Registration
1 week before programme or until full enrolment
Intended For
A Intermediate level programme intended for Finance and Tax Practitioners, and/or Tax Accountants. Professionals who would like understand about the legal and ethical issues surrounding tax avoidance, tax evasion or tax fraud are welcome to attend.
Programme Facilitator(s)
