Seminars
Programme Synopsis
Programme Schedule
What You Will Learn
Programme Outline
Contact

Taxation of Intangibles

CLASSROOM SESSIONS
26 Mar 2020
SILE Public CPD Points (TBC)
SILE Public CPD Points (TBC)
Supported by

Programme Synopsis

Learn to navigate issues related to the taxation of intangible assets at our highly popular annual “IP & Tax” seminar, returning for its 6th run in March 2020!

This year our distinguished speakers and panellists will share on (1) taxation of intangibles – an overview and current issues; (2) IP structuring and planning; and (3) the Singapore Government’s new IP Development Incentive – viewed through the lens of an MNC.

This half-day seminar is a must-attend programme for anyone in the IP and tax arena.

Target audience

  • Lawyers & In-House Counsels
  • Accountants & Tax Professionals
  • Regulators
  • IP Professionals
  • Professionals who have a keen interest in this topic

Programme Schedule

Date
26 Mar, 2020
time
2.00 PM – 5.30 PM (Registration starts at 1.30 pm, Duration: ½ day)
venue
IP Academy
1 Paya Lebar Link
#11-03 PLQ1 Paya Lebar Quarter
Singapore 408533

What You Will Learn

This seminar aims to provide the knowledge on the latest IP and tax related developments in Singapore and around the world, covering:

  • Overview and current issues on taxation of intangibles, including:
    • BEPS
    • Netflix tax for VAT/GST
    • OECD digital tax
    • reform of the traditional PE definition
    • reform of TP arm’s length standard
  • IP structuring & planning
  • The new IP Development Incentive

Programme Outline

Time

Speaker(s)

Topic(s)

2.00 – 3.00pm

Taxation of Intangibles (Overview and Current Issues)

Professor Stephen Phua (Associate Professor, Faculty of Law, National University of Singapore)

 

3.00 – 3.30pm

Quick Peek on IP Structuring & Planning

Mr. Abhijit Ghosh (Partner, PricewaterhouseCoopers)

3.30 – 4.00pm

Tea Break & Networking

4.00 – 5.00pm

 

The new IP Development Incentive – View through the Lens of an MNC

Mr. Edmund Leow, Senior Counsel (Senior Partner, Dentons Rodyk & Davidson LLP)

5.00 – 5.30pm

Panel Discussion / Q&A

All speakers, joined by Ms. Chow Wai Yee (Assistant Commissioner, Corporate Tax Division, Inland Revenue Authority of Singapore (IRAS)), and moderated by A/Prof Darren Koh (Vice-Dean, School of Law / Head of Programmes, Singapore University of Social Sciences)

(In the event of unforeseen circumstances, details of the seminar may be subject to change.)

 

Speaker Profiles (in alphabetical order)

Professor Stephen Phua

Associate Professor, Faculty of Law, National University of Singapore

Stephen Phua teaches Income Tax, Goods and Services Tax, Corporate Taxation, International Tax and Business & Finance for Lawyers in the Faculty of Law, National University of Singapore where he is also the Tax Director at the EW Barker Centre for Law and Business.  He is currently a member of the Income Tax Board of Review.

He was a consultant with the Inland Revenue Authority of Singapore (IRAS) and an examiner with the Chartered Institute of Taxation in London. He was also an Eastern Scholar, Shanghai, PRC.  He was a visiting scholar/professor to several leading universities in Australia, Canada, China, Japan, Switzerland and the USA. He served as a member for more than a decade on each one of the three tax tribunals in Singapore (Income Tax Board of Review, Goods and Services Tax Board of Review and Valuation Review Board). He practices as a tax consultant in a local law firm in Singapore.

He has delivered papers in many international conferences and published articles in refereed journals and chapters in books. He is the Editor of 2 books: “Recent Developments in Financial Regulation and Capital Markets” (2003) and “Excise Taxation in Asia” (2007).

 

Mr. Abhijit Ghosh

Partner, PricewaterhouseCoopers

Abhijit is an International Tax Partner leading the Pharmaceutical & Healthcare tax practice and is the Tax Markets Leader in PwC Singapore. He was a Board member of Intellectual Property Office of Singapore.  

Abhijit has more than 25 years of consultancy experience in advising and implementing various cross-border complex IP and business structures for MNCs and Asian companies which are expanding globally. In particular, he specialises on international tax planning, R&D and IP management set up, IP restructuring, incentive negotiation, M&A, post deal integration strategies, and resolving tax disputes. He focuses in advising on various facets of IP lifecycle covering creation, acquisition and exploitation of IP rights across different geographies  

Currently, he is involved in assisting various American, European, Japanese and Indian multinational companies as they expand their operations in Asia Pacific region using Singapore as a hub. He maintains close working relationship with various government agencies and is actively involved in lobbying and advising/sharing views on various fiscal policies.  

He is a regular speaker on business and tax issues at media and other public forum and contributes articles for various journals and newspapers. He is the author of the IP Chapter of “The Law & Practice of Singapore Income Tax” published by LexisNexis.  

Abhijit is a certified Chartered Accountant and an Accredited Tax Advisor (Income Tax) of Singapore Institute of Accredited Tax Professionals. He is also an Adjunct Associate Professor of NUS and conducted many IP Tax Strategy Workshops for IP Academy / NUS. He was on the Board of Maxwell Chambers Pte Ltd (a subsidiary of Ministry of Law) which is responsible for promoting Singapore as an international arbitration center. Currently, he serves in the Board of World Wildlife Fund and BTTSAL (a registered society under aegis of Ministry of Education, Singapore).

 

Mr. Edmund Leow  

Senior Counsel, Senior Partner, Dentons Rodyk & Davidson LLP

Edmund is a Senior Partner heading up the firm’s Tax practice with three decades of experience in advising multinational organisations on cross-border tax planning, transfer pricing and tax disputes. He also advises on international trade issues such as customs, WTO and free-trade agreements.

Edmund also leads the firm’s Trust, Estates and Wealth Preservation practice and advises high net worth individuals, private banks and trust companies in personal tax, as well as in trust and estate planning matters.

Edmund was invited by the government to serve as a Judicial Commissioner at the Supreme Court and served from 2013 to 2016. On stepping down, he was appointed Senior Counsel in 2017, making him the first and only Tax and Trust lawyer to be given this accolade nationwide.

Prior to his appointment to the Singapore judiciary in 2013, Edmund was named a Tier 1 lawyer by The Legal 500 Asia Pacific for Tax in 2012. His views on tax and wealth management were widely sought and publicised in the media, such as Bloomberg, BBC, Channel NewsAsia, Reuters, The Financial Times and The Straits Times. He was also a founding partner of a Singapore law firm that was associated with an international law firm, where he headed up the Tax and Wealth Management practices in Singapore.

Edmund was a co-founder and is the current President of the Singapore Trustees Association (STA).

 

Ms. Chow Wai Yee

Assistant Commissioner, Corporate Tax Division, Inland Revenue Authority of Singapore (IRAS)

Ms. Chow Wai Yee is the Assistant Commissioner, Corporate Tax Division of the Inland Revenue Authority of Singapore (IRAS) and has over 20 years of experience in the area of taxation.

In her current role, Wai Yee leads the division in the end-to-end administration of corporate income taxation. Prior to this, she was the Assistant Commissioner of the Tax Policy & International Tax Division of the IRAS and was responsible for the formulation of domestic and international tax policies.

 

A/Prof Darren Koh

Vice-Dean, School of Law / Head of Programmes, Singapore University of Social Sciences

Darren Koh graduated top of his Bachelor of Law class at the University of Buckingham, winning the Maxwell Law Prize for his year, and was called to the Bar in England & Wales in 1989.  He is also a Chartered Accountant (England and Wales) and a Chartered Tax Adviser (United Kingdom).  He embarked on a tax career in public practice with PricewaterhouseCoopers in London and KPMG in Hong Kong, and in industry with Procter & Gamble.  He has also spent 2 years in International Law with a branch of the Security Council of United Nations known as the United Nations Compensation Commission, advising Commissioners on the verification and valuation of war reparation claims filed against Iraq after the first Gulf War.  He returned to Procter & Gamble after his stint at the UN, and finally left Procter & Gamble as Associate Director for the ASEAN/Australasia/India region to pursue a career in academia.  His career has taken him around the world from London to Hong Kong, to Kobe, to Geneva, to Singapore, to Cincinnati, Ohio and back again to Singapore.

He obtained his Master of Laws (awarded with Merit) from the University of London, and joined the School of Business of SIM University (now the Singapore University of Social Sciences) as firstly as Head of Area – Taxation and Business Law, and is now the Vice-Dean of the School of Law as well as the Head of Programme – Master of Taxation.

Darren has a keen interest in international taxation, and in particular, in the field of transfer pricing and the tax efficient supply-change structuring.  He has a keener in interest in education and training, and is always looking for ways to inspire people to understand that tax is not boring!

 

Fees

$267.50 (incl GST)

$214.00 for SIATP Members (incl GST)

This seminar is organised by IPOS International and supported by SIATP. SIATP members enjoy a discounted rate of only $214.00 (incl GST).

Contact

Dilpreet Kaur
Tel: 6330 8692
Pearlyn Yap
Tel: 6331 6567