Home  >   Events  >   Nexia TS Supporting You Through COVID-19 Series: Singapore Taxation For The Blockchain Sector – A Focus On Digital Tokens (DTs)

Nexia TS Supporting You Through COVID-19 Series: Singapore Taxation For The Blockchain Sector – A Focus On Digital Tokens (DTs)

Date:    25 August 2020, Tuesday
Time:    2:30pm - 3:30pm
Venue:
 Webinar




Back at home in Singapore, with our business-friendly environment, we continue to see the influx of the DT related businesses which has created an ever-growing ecosystem of blockchain platform developers, blockchain professional advisors and keen investors. To this end, various regulatory authorities including the Monetary Authority of Singapore, and the Inland Revenue Authority of Singapore (IRAS) have been on their toes constantly to ensure that our laws and regulations remain relevant and applicable to the blockchain industry.

Focusing on taxation matters for the blockchain industry, our domestic tax laws have been specifically updated for and IRAS has issued various guidelines on tax issues surrounding DTs. These guidelines have valiantly attempted to marry traditional tax principles and practice to the unique nature of DT related transactions while having certain tax considerations left open to interpretation and application.

In this webinar, we will discuss the key Singapore tax considerations businesses engaging in DT related transactions should be aware of – these include but are not limited to the source of income, the timing of income taxation and GST matters. The takeaway for you will be a greater awareness of the DT related tax issues, and the importance of upfront planning to achieve better tax efficiency.

Fee
Free Admission for Clients/ Business Associates; $80 per pax for Public

CPE Hours
1 hour

Contact Information
Marketing & Communications

6534 5700

Time
Topic
2:30pm
Welcome Address
Edwin Leow, Director and Head of Tax, Nexia TS
2:35pm
Singapore Taxation for the Blockchain Sector
Gareth Goh, Tax Manager, M&A and Fintech Tax Lead
3:15pm
Q&A Session
3:30pm
End

Speaker Profiles


Edwin Leow
Director, Head of Tax
Nexia TS

Passionate about tax, Edwin has since his graduation, accumulated more than two decades of professional experience in both international and Singapore taxation arenas. Throughout his career, Edwin has gained a wealth of experience and is equipped with extensive knowledge in providing advisory and compliance services covering all key areas of taxation: Corporate Tax, Individual Tax, Goods and Services Tax, Transfer Pricing and Stamp Duty, making him a proficient tax advisor for issues which cut across a spectrum of taxation matters.

Edwin has, in his current capacity and past employment with top tier international accounting firms, served multinational companies, publicly listed and private companies spanning various industries such as trading, manufacturing, construction, property development, shipping, oil and gas, information technology, media and advertising, pharmaceutical, hospitality, logistics, investment, fund management and private wealth services.

Edwin also enriched his experience during his stint in a regional headquarter of a French MNC, giving him a deep appreciation of tax issues from the clients’ perspective.


Gareth Goh
Gareth Goh, Tax Manager, M&A and Fintech Tax Lead
Nexia TS

Gareth has over 8 of years of experience in providing tax advisory and compliance services to a broad range of clients involved in trading, manufacturing, shipping, oil and gas, and FMCG.

His past and present clients include Singapore Exchange listed companies, multinational corporations, and private companies.

Gareth’s expertise include tax advisory and compliance services where he covers areas such as corporate tax, individual tax, goods and services tax, tax incentives, tax risk management, tax due diligence reviews to support listing and merger and acquisition transactions of corporate and private equity clients, tax accounting, accounting software implementation and training and corporate secretarial services.

 

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