KPMG in Singapore invites you to join them for an exclusive event on the impact of Base Erosion and Profit Shifting (BEPS) Pillar Two on shipping and offshore sectors.
Navigate the intricacies of International Shipping Income (ISI) and Qualified Ancillary ISI (QAISI) definitions, exclusions, and conditions, and gain valuable insights into the complexities that may affect companies in these sectors. Given the distinctive setups influenced by commercial rationales and marine law considerations, some companies may face challenges in relying on ISI and/or QAISI exclusion under BEPS Pillar Two. They will also delve into the reasons why specific exemptions outlined in the Substance-Based Income Exclusion (SBIE) rules may not be applicable to companies in the shipping and offshore sectors.
2.00pm – Opening address
2.05pm – The latest on BEPS and key issues for specific Multinational Enterprises (MNEs)
2.30pm – Pillar Two rules applicable to the shipping and offshore industry and relevant case studies
3.10pm – Break
3.20pm – Considerations for shipping and offshore groups in response to Pillar Two
3.40pm – How is Singapore preparing for Pillar Two?
3.50pm – Q&A
4.00pm – Networking