KPMG in Singapore invites you to join us 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. We 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


Join KPMG in Singapore’s BEPS Pillar Two specialists, as we explore challenges and gain a nuanced understanding to skilfully navigate the regulatory seas. The session will cover case studies and practical scenarios to be considered, as well as an opportunity to network with other industry executives over some refreshments. Admission is complimentary; but early registration is highly recommended to secure your spot. Please indicate your availability by clicking on the registration button below.

We look forward to welcoming and engaging with you at the event.

Friday, 19 January 2024

1.30 pm - 2.00 pm

2.00 pm - 4.00 pm

4.00 pm - 5.00 pm

KPMG Clubhouse
Asia Square Tower 2, Level 15
12 Marina View
Singapore 018961

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