Singapore

KPMG in Singapore

16 Raffles Quay

#22-00 Hong Leong Building

Singapore 048581

Tel: +65 6213 2525

Fax: +65 6220 9419

Email: fchia@kpmg.com.sg

Website: www.kpmg.com.sg undefined

Felicia is a director in KPMG's Transfer Pricing practice and the Financial Services Transfer Pricing lead in Singapore.

She has extensive experience in providing transfer pricing advisory services to multinational corporations across a multitude of industries in Singapore, the United States and the Asia Pacific region. Felicia has advised her clients on transfer pricing planning and documentation projects to determine proper arm's-length compensation for tangible property, intangibles and intercompany services. She has also assisted in the preparation of cost allocation studies for global/regional headquarters and was involved in audit defence assistance and transfer pricing risk analyses.

In addition, Felicia has been involved in the negotiation and implementation of unilateral and bilateral advance pricing arrangements (APAs) and mutual agreement procedures (MAPs). She has led several value chain management projects and advised clients on complying with the OECD-BEPS guidance. Felicia is a regular speaker on global transfer pricing at client seminars and published a number of articles on transfer pricing issues.

She holds a bachelor's degree in law and a bachelor's of commerce (double major in accounting and finance) from the University of Western Australia, and is an accredited tax practitioner with the Singapore Institute of Accredited Tax Professionals.

KPMG in Singapore

16 Raffles Quay

#22-00 Hong Leong Building

Singapore 048581

Tel: +65 6213 2813

Fax: +65 6220 9419

Email: hweelenggan@kpmg.com.sg

Website: www.kpmg.com.sg undefined

Hwee Leng is a partner of the Indirect Tax practice and has substantial experience in GST-related matters both as a regulator and a business adviser. She has assisted businesses in responding to audit queries from the Inland Revenue Authority of Singapore (IRAS), in seeking tax rulings and advising on tax and penalties risk management. Hwee Leng has also been actively involved in advisory, compliance work, reviews and litigation support for various industry sectors.

Before joining KPMG, Hwee Leng was a senior tax officer with the IRAS for 15 years. She was involved in tax policy matters on GST, corporate tax, advance income tax ruling, international taxation, transfer pricing and tax treaties. In IRAS, Hwee Leng was part of the GST implementation team that drafted the circulars on the laws, regulations and GST guidelines for businesses and the public. She is also involved in the audit of GST-registered businesses, setting up of GST policy, fine-tuning the GST system and overseeing amendments of GST laws, implementation of the GST rate increase in Singapore and conducting trainings on GST.

In her current role, Hwee Leng serves as a GST Assisted Self-help Kit (or ASK – introduced by the IRAS as a self-assessment package designed to help GST-registered businesses effectively manage their compliance) reviewer and indirect tax adviser for public, multinational and local organisations. She is a frequent speaker at GST seminars for clients and the public, and a training instructor with the Singapore Institute of Accredited Tax Professionals.

Hwee Leng is also a regular contributor to the International Tax Review (ITR) and KPMG International's indirect tax publications. She is also one of the contributors for 'Goods and Services Tax – Law & Practice', which provides practical advice on the administrative and compliance aspects of GST in Singapore. For the past two years, including this year, ITR has recognised Hwee Leng as a leading indirect tax adviser in Singapore.

She has a bachelor's degree in accountancy (second honours) from the National University of Singapore and a master's in public administration/international tax programme from Harvard University. Hwee Leng is also a fellow of the Institute of Chartered Accountants in England and Wales.