24 Jun '11, 10am

IM$avvy Headlines: New go-to book on Singapore’s tax system #Singapore #news

TAX experts can now go by the book when they have a tough question about the system. And what a book. The Law And Practice Of Singapore Income Tax, as it is called, weighs in at more than 1,200 pages, with insights and guidance written by 32 tax professionals for fellow practitioners. The bulky tome, launched by President S R Nathan yesterday at the Revenue House, also carries a hefty price tag of $328. For that, the reader gets a comprehensive guide covering a wide spectrum of tax-related topics ranging from general issues such as the framework of tax interpretation, to more industry-specific issues relating to unit trusts, banking operations and wealth management. There are also chapters on tax avoidance, tax treaties and the withholding of tax, and taxation of non-residents. Each of the 24 chapters was written by a subject specialist, or a team made up of a tax lawyer a...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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