An overview of TAX CONSIDERATIONS for Employees
on Foreign Assignments
Date: Nov. 26,2008 (Wed)
Time: 9.00am - 1.30pm
(4 CPD / CPE Hours)
About the seminar
Many employers are sending employees on overseas assignments. As part of the process of ensuring that the employees receive a fair remuneration package, the tax considerations have to be addressed. The course will provide attendees with an overview of the personal tax aspects of a foreign assignment, with the objective to enable them to address issues and work effi ciently with their consultants to maximize any tax benefi ts that may be available.
Who should attend
Human resource, tax and fi nance personnel who assist their companies in managing employees sent on foreign assignments.
- Individuals who are considering accepting an assignment overseas.
Outline
.
Appreciation of the basic tax concepts that would apply to individuals;
- Use of Double Taxation Agreements;
- Common Benefi ts provided in a foreign assignment and the tax implications;
- Tax Reimbursement Policies;
- Singapore Income Tax issues for relocating employees:
- Pre-assignment and post assignment considerations.
Facilitator
Jacinta Loi
She has over 20 years of experience in the fi eld of taxation. She holds a Bachelor of Accountancy (Honours) degree and is a Fellow member of the Institute of Certifi ed Public Accountants of Singapore. In the area of personal income taxation, she has extensive experience in assisting companies in structuring employee compensation packages including employee share schemes; overseas assignment benefi ts and tax equalization policies. These assignments would often involve Singapore tax implications as well as implications in various foreign jurisdictions. Jacinta has worked closely with fi nance and human resource personnel in implementing and administering employee policies and compensation packages for companies. She has successfully represented many clients in negotiations and obtaining rulings from the Inland Revenue Authority of Singapore for positive treatment of tax related issues for employees. Her clients included large foreign multinational companies and companies headquartered in Singapore. She has worked with the Singapore Economic Development Board (EDB) and the IE Singapore on various occasions in advising on cross border tax issues. She was also engaged by the United Nations Conference on Trade & Development to advise the Mauritius Government on how to attract talent back to Mauritius
Click here to register for this seminar. Complete the registration form and fax to (65) 65090292.