IRAS’s Audit on the 99-to-1 Property Scheme and ABSD : Navigating the Tax Landmines and Avoiding Tax Penalties

Event Date

From Thursday 16 May 2024 - 09:00 AM To Thursday 16 May 2024 - 12:30 PM

Venue

Hotel venue TBC

Organiser

See Event Outline

Practice Area

Tax

Training Level

Intermediate

Public CPD Points

Event Outline

This event is organised by Wolters Kluwer Singapore Pte Ltd. This seminar will give an overview of the ABSD regime, including recent initiatives by the IRAS with regard to “99-to-1” co-ownership arrangement. Participants will understand why the 99-to-1 arrangement is carried out and why it is frowned upon by the authorities. The speaker will outline legal and practical issues surrounding stamp duties and ABSD, including his experience in engaging the IRAS on behalf of clients who have carried out their purchases under a “99-to-1” arrangement.

Event Link

OTH-35M-240204

Event Attachment