OSH LLC has successfully secured for a listed REIT the discharge of over $4m in income tax, bringing a welcome resolution to a stand-off with the Comptroller which lasted almost 3 years. The dispute, which concerned the tax transparency of rental
OSH has represented and defended a client who faced tax evasion charges, on conviction of which would have resulted in mandatory imprisonment. Following a holistic and detailed review of the circumstances and matters during the relevant period, the team made
After a long-drawn investigation, OSH secured a settlement of the matter for the client, a large e-commerce logistics and procurement provider, by way of an offer of composition from the Singapore Customs. When the investigation first commenced via a surprise
OSH has successfully obtained for a client a complete discharge of withholding tax liability on interest payments over US$6 million. The interest payments arose from an intercompany, cross-border loan made between entities which were part of a multinational shipyard operator group.
After a review of a legal opinion provided by OSH, the Comptroller of GST has agreed that certain marketing services provided by a service provider to an overseas manufacturer for the purposes of generating increased sales only directly benefits the manufacturer
Following legal submissions made by OSH, the Comptroller of GST has agreed that certain fees levied on overseas transactions by Singapore credit and debit cardholders should be treated as GST-exempt. While the Comptroller had not yet taken a formal administrative
An OSH client received a favourable decision from the Comptroller of Income Tax for their interest deduction claims resulting in tax discharged of approximately $3m. The client is a large MNC with substantial investments in Singapore.
Last month, OSH assisted a client in reaching an amicable settlement with the Chief Assessor on the Annual Value (“AV”) to be ascribed to its property that had been let to a multinational technology company for the purposes of property
OSH recently advised on the GST treatment for a sponsorship agreement. Under the sponsorship agreement, the sponsor agreed to provide a car to the winner of a draw to be carried out at malls managed by the client. The issue