Advanced corporate income tax (Part 1) - (Aug 2026)

In Singapores corporate tax environment, the rules may be clear, but even small mistakes can trigger audits. With authorities intensifying their reviews, it is essential to understand how tax laws are applied in practice to avoid costly errors.

In this session, you will explore real-world cases and enforcement examples, illustrating how tax authorities interpret key issues such as expense deductibility, capital versus income classification, and capital allowance claims. You will gain insights into how experienced practitioners defend tax positions, manage risks, and respond to queries.

Through guided discussions and case-based analysis, you will learn to identify red flags early, strengthen tax computations, and build confidence in meeting compliance requirements.

Part 1 of the workshop establishes the foundation, while Part 2 expands on it further.

Key topics covered

• Taxation of Singapore-sourced and foreign-sourced income
• How to distinguish between income and capital gains using proven indicators
• Deductibility rules for business expenses and common pitfalls to avoid
• How to interpret and apply the concept of plant for capital allowances
• Real-world analysis of IRAS case trends and enforcement practices

Speaker profile

Jack HM Wong, FCPA

Accredited Tax Advisor (in retirement), Singapore Chartered Tax Professionals

Jack has over 31 years of experience in Singapore and international tax, providing clients with practical, results-oriented tax and transaction solutions. His expertise includes advising on corporate restructurings, managing tax disputes with IRAS, and negotiating incentive schemes with Singapores government agencies.

After retiring from active practice in 2024, Jack continues to deliver advanced tax training for accounting and finance professionals. He also lectures on International Tax and Tax Planning at the Singapore University of Social Sciences, combining technical depth with commercial insight.