The very hot topic of Section 10L has been a key conversation topic for a while. The much awaited
e-Tax Guide in December 2023 brought on yet more buzz and discussions ranging from the concept of economic substance to the scope of the new regime.
In short, since 1 January 2024, Singapore’s foreign-sourced income regime has been amended to tax gains from the sale or disposal of foreign assets under specific circumstances under Section 10(1)(g) of the Singapore Income Tax Act.
Join the team (and brains!) from the Inland Revenue Authority of Singapore who were instrumental in putting together the much-appreciated tax guidance on this. Get clarity on key areas and the areas of confusion. This session will surely be one of substance!
- Understand Section 10L
- Understand the scope and exclusions - Know what it takes to get it right, right from the get-go
- Get clarity through examples on different scenarios
- Grasp the essentials and finer points of taxability, foreign tax credit and the advance ruling option available
SCTP reserves the right to vary any aspect of the event/ webinar should the situation warrant or due to unforeseen circumstances. This includes but not limited to the following: cancel the programme, change the venue, speakers, programme dates, fees and CPE hours. SCTP will take reasonable effort to notify participants of the changes.