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Course Description

This course features highlights of the ISCA Conference 2024 held on 14-15 November 2024.


Synopsis:

In a pivotal landmark ruling, the Singapore’s High Court has redefined the GST framework for direct marketing entities. Central to this development was the decision of Herbalife International Singapore Pte Ltd v CGST [2023] SGHC 54, which revolved around the application of GST on products sold at a discount by Herbalife to its affiliates. The crux of the matter is as follows: should GST be levied on the original or discounted price? 

Our speaker will delve into the intricacies of this groundbreaking judgment and its ramifications for direct marketing operations carried out in Singapore. He will also explain the arguments put forth by him that influenced the court’s verdict, thereby establishing a favourable benchmark for similar market players that have analogous disputes. Attendees will emerge from this session with an enhanced understanding of the GST intricacies and strategic insights into navigating tax disputes and ensuring tax compliance within their business ventures.


Intended For:

  • Audit Professionals / PAIP 
  • Finance Professionals  / PAIB 
  • Public Sector Finance
  • C-suite & Directors
  • Business Owners


Competency Mapping: 

  • CPE Category "Others" = 0.5 CPE Hour

Instructor Image

Vikna Rajah

Chairman, International Fiscal Association - Singapore Chapter; Executive Management Committee Partner, Head of Tax, Rajah & Tann Singapore LLP

Vikna Rajah is a Partner at Rajah & Tann Singapore LLP and a member of the firm’s Executive Management Committee. He is also the Head of the Tax, Trust & Private Client Practices, and has been consistently recognised as a “Leading Individual” in Tax and Private Wealth by Legal 500 APAC, Chambers and Partners APAC and the Chambers High Net Worth Guide since 2017. He is described in legal publications to be “best of the best”, with “deep technical expertise”, “acute commercial acumen” and the ability to “make the impossible possible”.As a leading Trusts and Private Wealth lawyer, Vikna is regularly engaged by leading trust companies and ultra-high-net-worth families to create family offices and multi-generational trusts. Most recently, he has been recognised as “Lawyer of the Year” for Trusts and Estates in Singapore by The Best Lawyers in Singapore 2022 and “Private Client Lawyer of the Year” by The Asia Legal Awards 2017. To date, Vikna has advised on the setting up of approximately 100 family offices in Singapore.On the Tax front, Vikna is well-known for his track record of resolving disputes against IRAS and cutting-edge advisory work. His landmark win in the second-ever GST case before the Singapore High Court was recognised as “Impact Case of the Year” by the International Tax Review. He also led the firm to win Singapore Tax Disputes & Litigation Firm of the Year. 

Course Rating

Speaker's Rating

0.5 CPE Hour

Lesson(s)

3

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