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You and the Taxman
You and the Taxman
Author: EY Singapore
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© EY Singapore
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The global tax environment today has become more dynamic and complex than ever before. Businesses are facing escalating demands as they come to grips with complex tax reforms, increased controversy risk, and opportunities and challenges with digitalization and artificial intelligence. Join Amy Ang, Singapore Head of Tax at EY in the You and the Taxman podcast as she dives into pertinent topics that are impacting tax functions and professionals.
4 Episodes
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In this episode, Amy is joined by our EY Singapore Tax partners, Cedric Tan and Spencer Hsu where they discuss what is driving the surge and challenges of setting up single family offices (SFOs) in Singapore, and the shifting tax landscape families must navigate. The discussion covers three key themes:• Rapid growth of Singapore's SFO ecosystem: Singapore's political stability, strong wealth management infrastructure, multicultural society and education system make it a preferred hub for long-term family wealth planning.• Setting up an SFO is not a cookie-cutter approach: Families need to consider their goals and objectives early during planning and avoid generic structures as no two families are alike.• Incentives and tax considerations: Families need to stay updated as rules, global tax developments and compliance standards evolve.The success of an SFO hinges on early planning, clarity of purpose and staying agile amid evolving tax rules and global trends. With the right structure and advisors, families can preserve wealth, strengthen governance and build legacies that endures across generations.
In this episode, Amy is joined by our EY Singapore Tax partners, Desmond Wong, Nicole Li and Sandie Wun where they delve into the evolving landscape of private capital. The discussion covers three key themes:Singapore's strength as a capital hub: The favourable regulatory frameworks and initiatives from the Monetary Authority of Singapore (MAS), providing a competitive edge over other regions.Value creation initiatives: Acquiring assets is no longer sufficient in today's private equity market. There is a strong focus on initiating value creation at the beginning of the investment lifecycle to enhance efficiency and competitiveness. Tax considerations and strategies: As private markets investors navigate complex transactions, understanding the tax implications at both the fund and investment levels is crucial. As Desmond, Nicole and Sandie share their perspectives, it is clear that the evolving private capital landscape presents both challenges and opportunities, underscoring the importance of strategic value creation, tax optimization and collaborative efforts to navigate this dynamic environment successfully.
In this episode, Amy is joined by EY Singapore partners, Manik Bhandari, Ching Khee Tan and Agnes Fok where they discuss the transformative impact of artificial intelligence (AI) on the tax profession. The discussion covers three key themes:• AI adoption and data readiness: The importance of data quality and readiness for effective AI implementation.• Impact of AI on the tax function: How AI is transforming the tax profession to focus on strategic analysis rather than routine tasks.• Impact of AI on the future of work and talent development: The evolving nature of jobs in the tax profession and attracting diverse talent to meet shifting demands. As Manik, Ching Khee and Agnes share their perspectives, it is clear that the integration of AI in the tax profession is essential for enhancing efficiency and strategic decision-making. Tune in to hear how AI is set to revolutionise the tax profession by driving innovation and growth.
In this inaugural episode, Amy is joined by EY Singapore tax partners, James Choo and Johanes Candra. Together, they reflect on Singapore’s journey from an emerging economy to a global hub for finance, innovation and investment — and explore what is next.The discussion covers three key themes:• Economic Strategy Review (ESR): What the five focus areas mean for Singapore’s long-term competitiveness and tax framework.• Global tax reforms: How Base Erosion and Profit Shifting (BEPS) Pillar Two and global tax developments could redefine Singapore’s incentive landscape.• Johor–Singapore Special Economic Zone (JS-SEZ): The opportunities and tax considerations in this emerging cross-border growth corridor.As James and Johanes share their perspectives, one thing becomes clear — Singapore’s success story is built on trust, adaptability and a forward-looking approach to tax policy.Tune in to hear how tax continues to play a pivotal role in shaping Singapore’s next chapter.




