A masterpiece featuring 48 chapters spanning over 2 volumes (double of the First Edition) and brought to you by 55 specialist tax professionals. The first edition of The Law and Practice of Singapore Income Tax was widely celebrated as the most authoritative text on Income Tax in Singapore. In the second edition of this text, the editors and authors have endeavoured to bring the quality and contents of the book up another notch - it is now contributed by 55 tax professionals and features 48 chapters over 2 volumes (an increase by 24 chapters). As with the first edition, the book draws on the expertise of the best tax minds in the tax community to share their knowledge, expertise and experience in their own areas of specialisation. This publication remains technical, yet practical. Written in simple, clear language whilst providing equal depth to subject matters, this book provides current and relevant case law commentary which is highly critical towards understanding and interpreting the law as it stands today. Structured with the tax practitioner in mind, this book features current and pressing issues faced by tax practitioners and is designed to assist tax professionals with addressing the myriad of challenges they have to deal with to keep up with the rapid rate of globalisation. Benefits Authoritative A masterpiece contributed by 55 tax experts to share their knowledge, expertise and experience in their areas of specialisation. Comprehensive Featuring 48 chapters spanning over 2000 pages in 2 volumes, this book covers all the main issues tax practitioners face today. Some of the new chapters are: Analysing Tax Decisions, Negligence in Tax, Ethics in Taxation, Some Issues in Tax Planning, Facts & Evidence, The limits of the Comptroller's discretion under the Income Tax Act, Sovereign Immunity and extra-territorial enforcement of tax, etc. Relevant Providing an in-depth discussion on the subject matters, it includes current and relevant case law commentary which is highly critical towards understanding and interpreting the laws. Practical Structured with the tax practitioner in mind, this book features current and pressing issues faced by tax practitioners and is designed to assist readers with addressing the myriad of challenges they have to deal with. Specialised Includes industry specific tax topics, including banking, insurance, sea transportation, clubs and trade associations, etc.