WORKSHOP ON GST FOR REINSURERS

 

Speaker:        Ms Gan Hwee Leng
                       Partner, Indirect Tax

                       Ms Elaine Koh
                       Senior Manager, Indirect Tax

Venue:            KPMG Clubhouse
                       36 Robiinson Road
                       Singapore 068877

 

Workshop Outline:

  • Brief Introduction on Types of Supplies
  • GST Treatment for Reinsurance Premiums received by Reinsurance companies
  • Steps to determine GST Treatment of Reinsurance Premiums
  • GST Treatment for Commissions received by Reinsurance companies
  • GST Treatment for Reimbursements and Disbursements
  • GST Rules on Claiming of Input Tax
  • Reinsurance companies’ Input Tax Apportionment Formula
  • GST Rules for Fringe Benefits
  • Common GST Errors.