Module 2: International Services [Full day]

Module 2 will cover the following topics:

• Types of international services, including but not limited to the below:
• Services supplied to overseas person
• Services related to goods for export and goods moving outside Singapore
• Services related to land/buildings/goods located overseas
• Services performed completely overseas
• “Directly Benefits” and “Directly in connection with”
• Belonging status of customers
• Common Pitfalls

Modul Extra: The rules of Reverse Charge Mechanism and Attribution to Input Tax

Modul Extra will cover the following topics:

• Reverse Charge Mechanism
• Background of the legislation
• Person subject to reverse charge
• Scope of imported services and low-value goods (LVG) under reverse charge
• Attribution to Input Tax
• What kind of supplies are considered as exempt supplies
• Everything you need to know about De Minimis Rule
• Clarification on terms such as "directly attributable" and "residual"
• Tips and tricks and common pitfalls

Take-Aways

• Learn when to apply 0% GST rate
• Understand the conditions of applying 0% GST rate
• Be aware of typical pitfalls and mistakes that could result in non-compliance and penalties
• Gain insights into tips and tricks that you should know
• With Module Extra, gain insights of Reverse Charge Mechanism and input tax attribution which could benefit your businesses

Trainer Profile

Eu Chin Sien

Executive Director

BDO Singapore

Chin Sien has over 25 years of specialist experience as a GST regulator and advisor, having started her career with the Inland Revenue Authority of Singapore (IRAS). Having gained an insight on how the regulators work and motivated to help businesses with their GST matters, Chin Sien took up the profession as a GST advisor. Her experience includes her roles as Senior Manager at two Big Four international accounting firms. As a GST advisor, Chin Sien offered a full spectrum of compliance and advisory GST services including ACAP and ASK reviews, assisting businesses in varied industries including logistics, aviation, information technology, manufacturing, shipping, oil and gas, property and construction, pharmaceutical and semi-conductor, to meet their needs and ensure overall GST compliance. Chin Sien was awarded with the title of Highly Regarded Indirect Tax Practitioner by International Tax Review (ITR). Chin Sien was also recently being appointed to the Board of Singapore Chartered Tax Professionals (SCTP).

All businesses and industries that export goods or provide service to overseas;

All businesses and industries that intend to expand their business to overseas;

All accounting, finance and tax professionals including GST return preparer, GST return reviewer and GST return approver

People from the Finance, Tax, Procurement, Logistics and Supply Chain departments