Held on 31st March 2022, this hybrid event discussed the latest tax developments from Singapore Budget 2022 that will impact the Aircraft Leasing industry. The session kicked off with updates from Mr Low Zhi Hong, Account Manager, Capital Goods at EDB on the Aircraft Leasing Scheme. This was followed by a presentation by Ms Tan Bin Eng, Partner, Business Incentives Advisory Singapore at Ernst & Young (EY), who provided an overview of the key tax considerations for the aircraft leasing industry, an analysis of the Singapore tax environment, as well as recent and anticipated updates to relevant global tax rules.
Ms Tan then joined Mr Lim Tse Yong, Vice-President and Head, Capital Goods & Conglomerates at EDB, for a frank and insightful panel discussion, moderated by AAIS Management Committee member, Mr Kevin Chow (CEO, Thales Solutions Asia). The panel took questions from the audience and discussed developments in the leasing industry, highlighting opportunities for Singapore as global tax rules are adjusted and leasing organisations re-strategise their businesses across various regions.
The event was the first in-person seminar for members held at the AAIS premises in 2 years. The session was conducted and live-streamed from the new hybrid premises at AAIS.
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