Course Detail(E110v : Ethical and Legal Considerations in Tax Avoidance, Evasion and Fraud (Live Webinar))

SkillsFuture Credit, UTAP Funding

E110v : Ethical and Legal Considerations in Tax Avoidance, Evasion and Fraud (Live Webinar)

7.00 CPE Hours (Category 2)
Live Webinar

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.

Competency Mapping

Category 2 = 7.00 Hours

Schedule & Fees

Date & Time

05 Jun 2023 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

Terence Tan

Venue

Online Classroom in or outside of
Singapore

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 20 Feb 2023
Course Reference Number: TGS-2020501284

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. You may wish to use your SFC to pay for partial/full ISCA course fees. 

On 1 Oct 2020, the Government provided a one-off SkillsFuture Credit Top-up of $500 for all eligible Singaporeans aged 25 or above by 31 Dec 2020. Singaporeans aged 40 to 60 by 31 Dec 2020 will also receive an Additional SkillsFuture Credit (Mid-Career Support) of $500 which can be used for courses under: (i) SGUnited Skills Programme, (ii) SGUnited Mid-Career Pathways Programme – Company Training, and (iii) Career Transition Programmes. This additional SFC (Mid-Career Support) is NOT applicable for use on ISCA courses. (For more information on the SFC scheme, please visit www.myskillsfuture.gov.sg)

If you wish to enrol for the course with SFC Funding, please proceed with the following steps:

Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.

 

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)


Terence Tan

An Advocate and Solicitor for over 20 years, Terence has provided legal training and education for many professional organizations, overseas universities and MNCs. 


Terence was named in Parliament for his comments on the revamped Bankrupt Act and these comments were expressly mentioned by the Court of Appeal.

Terence was formerly Asst Professor in the Law Faculty, National University of Singapore where he taught Insolvency Law, Company Law and Computer Law.

He is recognized by the Council for Estate Agents (CEA) on a wide variety of issues and topics such as Landlord-Tenant Disputes and Family Property Disputes.

 

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.

Competency Mapping

Category 2 = 7.00 Hours

Programme Facilitator(s)

Terence Tan

An Advocate and Solicitor for over 20 years, Terence has provided legal training and education for many professional organizations, overseas universities and MNCs. 


Terence was named in Parliament for his comments on the revamped Bankrupt Act and these comments were expressly mentioned by the Court of Appeal.

Terence was formerly Asst Professor in the Law Faculty, National University of Singapore where he taught Insolvency Law, Company Law and Computer Law.

He is recognized by the Council for Estate Agents (CEA) on a wide variety of issues and topics such as Landlord-Tenant Disputes and Family Property Disputes.

 


Upcoming Schedule

Date & Time

05 Jun 2023 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 279.07
For Non-Members: $ 335.23

Programme Facilitator(s)

Terence Tan

Venue

Online Classroom in or outside of
Singapore