KPMG in Singapore is pleased to invite you to join us in an informative webinar where we will delve into the impact of the recently introduced Section 10L on the taxation of gains from disposing of foreign assets. Section 10L of the Income Tax Act 1947 outlines that gains received in Singapore from the sale or disposal of foreign assets on or after January 1, 2024 by a relevant entity without sufficient economic substance in Singapore should be treated as taxable income.
In this session, our focus will be on the practical application of Section 10L, particularly within the context of the Singapore fund and fund management sector. We will provide an overview of the recently implemented regulations, delve into the implications they carry for this industry, and draw comparisons with the corresponding rules in Hong Kong.
This webinar is complimentary, although early registration is recommended. Please indicate your availability to attend this webinar by clicking on the registration button below.
We look forward to welcoming you at our live webinar session.
Thursday, 25 January 2024
2.30 pm - 3.30 pm (SGT)