Learn Corporate Tax Training Course Singapore
Participants of this Corporate Tax Course will gain a clear understanding of how to file corporate taxes for local companies operating within Singapore.
UTAP
Union Training Assistance Programme
Course Start Date
Schedule
- Days: 3 Days
- Duration: 21 Hours
- Timings: 9:30 AM - 5:30 PM
- 10 Anson Road, 26-08A International Plaza, Singapore 079903
Why Choose Us
- Expert Local Trainers
- Hands-on Training by experts
- Certificate of Achievement
- Better focus on participant due to small size class.
SSG Course Details
- 1DAY BASIC CORPORATE TAX FUNDAMENTALS COURSE - (TGS-202050104)
- 1DAY CORPORATE TAX FUNDAMENTAL COURSE-INTERMEDIATE - (TG5-2020501042)
- 1DAY ADVANCED CORPORATE TAX COURSE- (TGS-2020508530)
- Register Now
Who should attend this Corporate Tax Course Singapore
This Corporate Tax Training is ideal for business owners with both local and foreign income who want to better understand Singapore’s tax rules and regulations. It’s also beneficial for accounting staff who need tax knowledge to accurately classify accounts, avoid common pitfalls, and grasp the concept of double tax relief.
Business professionals
Analyst
Entrepreneur
Training Professionals
Student
Course Completion Requirements
Minimum 75% attendance is required in order to complete the course and receive the course completion certificate
Above 16 years old
High School Level English
Basic internet & computer operation skills
Singapore Corporate Tax Training Course (Basic, Intermediate & Advanced Level)
- Singapore Corporate Tax training is a three day course designed to help SME bosses and accounting staff to understand the difference between accounting profit and taxable profit.
- The Basic Level covers the fundamental principles of Singapore income tax and helps participants understand the difference between taxable and non-taxable income, as well as how deductible and non-deductible expenses are treated by the Singapore tax authorities.
- The Intermediate Level equips participants with the skills to classify expenses more accurately and avoid making wrongful claims during tax filing. It also enhances understanding of tax and GST computation through case studies and practical examples.
- The Advanced Level focuses on the correct presentation and classification of input and output tax. Participants will also gain a clear understanding of how foreign income received by a tax resident company is treated under Singapore tax laws, including the handling of foreign tax paid. Additionally, the workshop provides hands-on practice with completing the Form C-S, supported by multiple case studies for practical learning.
- This Course also allows participants to understand the concept of taxability of foreign income received by a tax resident company in Singapore tax paid and its treatments.
Why you should take up the business tax preparation course?
- This training is ideal for business owners with both local and foreign income who want to better understand various tax rules and regulations.
- It’s also suitable for accounting staff who need tax knowledge to accurately classify accounts and avoid common pitfalls
- Participants will gain insights into the concept of double tax relief and learn how foreign income received by a Singapore tax resident company is taxed, including the treatment of foreign tax paid.
- This course is conducted by members of Institute of Singapore Chartered Accountant (ISCA), ASEAN CPA, working in accounting firms with taxation, audit and lecturing experience.
Target Participants:
This training is suitable for business owners with both local and foreign income who want to understand key tax rules and regulations. It’s also ideal for accounting staff who need tax knowledge to accurately classify accounts, avoid common pitfalls, and grasp the concept of double tax relief.
Day One / Basic Level provides knowledge about Singapore income tax principles and help participants to understand taxability of income and deductibility of expenses.
- Treatment taxable income under section 10 (1) and deeming provision under section12 and Section 13
- Treatment of deductible expenses under section 14 and non-deductible expenses under section 15 in the eyes of Singapore tax authority.
- Case study will be provided to strengthen the understanding of the training
- As such, participants will be able to set up classify revenue and expenses more appropriately in the eyes of law and avoid “unintentional’ evasion of tax
Day 2 / Intermediate Level helps participants understand the treatment of non-current assets and the depreciation treatment in the tax environment. Training also covers Goods and Services Tax issue in detail
- Capital allowance under section 19 in replacement of depreciation disallowed.
- Output GST treatment of Taxable supplies and claiming of GST Input tax under rule 26, 27 and 33
- Case study will be provided to strengthen the understanding of the training
- As such, participants will be able to understand GST terminologies and would be able to fill up GST F5 accurately to unnecessarily filling of F7
Day 3 / Advance Level helps SME and many small companies in the course of venturing overseas and earning overseas incomes. Training also covers treatment of trade losses carry back scheme that help companies to claim part of the tax paid.
- The taxability of bring back foreign income earned under section 10 (25)
- Mechanism in the calculation of carry back to claim back part of tax paid in the past
- Case study will be provided to strengthen the understanding of the training
- As such, participants will understand the concept of taxability of foreign income received and carry back scheme
Grants available
UTAP
Union Training Assistance Programme
UTAP: Update info about UTAP funding on all pages.
Course Fee:
*The mentioned course fee is excluded of GST.. New GST rate of 9% will be applied for all registrations made after 31st December 2023.* This price also includes the training materials (soft copies – only soft copy included, printed copy is payable additionally, please check with our sales).
- S$275/ any 1 level (Basic, Intermediate or Advanced)
- Package of any 2 levels: S$475.00/any 2 levels
- Package of all 3 levels: S$595.00/full course of 3 levels
- Laptop is not required for this training.
Group discount (Applied from 1 June 2023)
- From 4 participants joining together, there is 5% discount for each participant.
- From 5 participants joining together, there is 10% discount for each participant.
Corporate training:
- For a group with a minimum of 12 pax, we can conduct the private/in-house training. The course outline can be customized upon request. (Course fee depends on the number of participants and customized program).
For Individual self-sponsor:
NTUC union members (Only for participants taking 3 full-day course within 60 days-No discount given): Can claim from UTAP funding 50% of the unfunded course fee, cap at $250/year/pax – applicable for course start before 31 March 2025
- Unfunded course fee refers to the balance course fee payable after applicable government subsidy.
- For more details, kindly visit: Union Training Assistance Programme (UTAP) (ntuc.org.sg)
Payment mode:
- Bank transfer, cheque, paynow or nets accepted
Corporate Tax Course Outline:
Basic Level (Day 1)
- Introduction to corporate tax in Singapore
- Tax Terminology
- Tax residences of companies and short visiting of foreign expertise
- Charging section – Section 10 (1) (a) to 10 (1) (g)
- Deeming Provision – Section 12
- Exempted Income – Section 13
- Tax Deductible Expenses – Section 14
- Exercise and case studies Q &A
Intermediate Level (Day 2)
- Non-Deductible Expenses/ Prohibited Expenses – Section 15
- Capital Allowance – Section 19, S19(a) to S19 (f)
- Related party transfer of Non-current assets – Section 23 and 24
- Goods and Services Tax
- Exercise and case Studies · Question & Answer
Advanced Level (Day 3)
- Foreign income received in Singapore – S50A
- Double tax relief computation
- Corporate Tax Computation practice
- Exercise and case Studies · Question & Answer
Tax Course Singapore FAQ
What is a corporation tax course?
Paying taxes is a key part of running a profitable business. This course is designed for accounting professionals to provide a clear understanding of how the corporate taxation process works and to highlight the differences between accounting profit and taxable profit.
What if I fail/did not complete the assessment?
You will be considered non-competent and no Statement of Attainment (SOA) will be awarded.
You are required to pay the complete course fee, which includes the SSG’s funding requirement.
What are the duration and the course outline of taxation courses Singapore?
The Taxation Course in Singapore is a comprehensive 21-hour program designed to fully prepare you for real-world industry demands. It covers everything from the fundamental principles of income tax to the taxability of foreign income received by a Singapore tax resident company. The curriculum is carefully structured to build a strong foundation, ensuring you can work efficiently and deliver accurate results in any tax-related role.
The course is divided into 3 parts:
Basic level
Intermediate level
Advanced level
Day One / Basic Level provides knowledge about Singapore income tax principles and help participants to understand taxability of income and deductibility of expenses.
Treatment taxable income under section 10 (1) and deeming provision under section12 and Section 13
Treatment of deductible expenses under section 14 and non-deductible expenses under section 15 in the eyes of Singapore tax authority.
Case study will be provided to strengthen the understanding of the training
Day 2 / Intermediate Level helps participants understand the treatment of non-current assets and the depreciation treatment in the tax environment. Training also covers Goods and Services Tax issue in detail
Capital allowance under section 19 in replacement of depreciation disallowed.
Output GST treatment of Taxable supplies and claiming of GST Input tax under rule 26, 27 and 33
Case study will be provided to strengthen the understanding of the training
Day 3 / Advance Level helps SME and many small companies in the course of venturing overseas and earning overseas incomes. Training also covers treatment of trade losses carry back scheme that help companies to claim part of the tax paid.
The taxability of bring back foreign income earned under section 10 (25)
Mechanism in the calculation of carry back to claim back part of tax paid in the past
Case study will be provided to strengthen the understanding of the training
Who are the chief trainers of the corporate tax training Singapore?
As a respected educational institute, we’re very selective when it comes to choosing the best talent to train our students for their future success. All our trainers are members of the Institute of Singapore Chartered Accountants (ISCA) and ASEAN CPA. They bring extensive experience working in accounting firms specializing in taxation and audit, along with strong lecturing backgrounds—ensuring you get top-quality training and guidance every step of the way.
Who can take up the corporate tax course Singapore?
The course is ideal for people who are already in the accounting industry. However, the course can be fruitful for:
Accountants
Bookkeepers
Entrepreneurs
Finance professionals
Student