MODULE CONTENT / EXAM FORMAT

1. Scope of Singapore Income Tax
2. Basis of Assessment (only separate assessment) & tax rates
3. Sources of income
4. Taxation of income from trade, business, profession and vocation
5. Taxation of Employment Income (candidates must be able to distinguish between employment and profession)
6. Capital Allowances - Industrial Building Allowance & Plant and Machinery
7. Taxation of Partnership Income (including LLPs) including change / death of partners
8. Taxation of Non-Residents including non-resident professional
9. GST
10. CPF and SRS (capping of CPF / SRS contributions)
11. Stamp Duty especially immoveable property

1. Scope of Singapore Income Tax
2. Basis of Assessment
3. Sources of income
4. Taxation of income from trade, business and profession
5. Taxation of specialised sectors and industries
6. Capital Allowance - Industrial Building Allowance & Plant and Machinery
7. Taxation and exemptions of overseas income
8. Provisions of Double Taxation Relief (DTR) and Unilateral Tax Relief (UTR)
9. Various tax incentives available under the Income Tax Act and the Economic Expansion Incentives Act (only Pioneer Industries, Investment Allowance and Development and Expansion Incentives)
10. Group Relief
11. 1-Tier System
12. GST
13. CPF (capping of CPF for employers)

1. Arranging and structuring the affairs of individual and corporate taxpayers with a view to:-
1. Minimise incidence of taxation
2. Maximise reliefs
3. Maximise available tax incentives
2. Structuring for tax efficient repatriation of income for both inbound and outbound investments