I. Introduction - Determining the true nature of payments in a transaction is crucial in deciding whether a payment is taxable or not, and the case of GFG and another v..
Edmund Leow has enjoyed a stellar career in law and exudes the same passion for his subject as if he were still climbing the legal profession ladder. But actually he is at the pinnacle – he has been senior partner at international law firm Dentons, Rodyk & Davidson LLP in Singapore since 2017, joining directly from three years in a prominent role as a judge with the Supreme Court there. That call to serve his country came after 26 years practising law at the prestigious Baker & McKenzie, first in London from 1987 and then in Singapore. Hubbis was privileged to enjoy his company via video call in early January, during which we learned much of the increasing dynamism of wealth structuring and estate and succession planning in Singapore. Leow explained that more relevant and tax-effective structures have become available in recent years, helping the island republic attract more ultra-wealthy families to its shores to establish vehicles and family offices, and thereby helping Singapore