S Sharma | Partner 2017-06-25T18:09:02+00:00

Project Description

S SHARMA

Sharma is a well-known and well-respected old hand in the area of both direct and indirect taxation. With a practice spanning both contentious and non-contentious matters, Sharma has advised and acted for clients in both international taxation and domestic tax matters whether on corporate income tax, goods and services tax, property tax, stamp duties or other taxes and levies. Representing clients in difficult cases with the Inland Revenue Authority of Singapore (IRAS), where he started his tax career following law studies sponsored by the Public Service Commission, is familiar ground, including tax appeals all the way to the Court of Appeal if necessary. His tax litigation experience extends to non-appealable withholding taxes, interpretation of tax treaties and exchange of information requests from foreign tax authorities involving clients’ confidential banking records. Apart from the civil side of tax on issues involving tax assessments, tax incentives or enforcement, Sharma has a keen interest in resolving contentious issues faced by clients under tax audits and tax investigations for potential tax crimes, where liberty may be at stake and private settlements are desired.

Sharma also has experience as legislative draftsman on tax and other fiscal matters at the Attorney-General’s Chambers, and in the Judiciary as District Judge deciding various cases. As a dispute resolution specialist, Sharma is active in alternative dispute resolution (ADR), particularly arbitration and mediation, where he sits on the panels of various arbitration and mediation bodies. On the academic front, Sharma has been adjunct faculty at Singapore Management University teaching revenue law, and at NUS Business School teaching business law and corporate law.

Appointments on Taxation:

  • Accredited Tax Advisor (Income Tax & GST), Singapore Institute of Accredited Tax Professionals (SIATP)
  • International Tax Affiliate, Chartered Institute of Taxation
  • Registered Trust and Estate Practitioner (TEP)
  • Executive Committee Member, International Fiscal Association (IFA), Singapore Branch

Appointments on ADR:

  • Panel Arbitrator, Singapore International Arbitration Centre (SIAC)
  • Panel Arbitrator, Singapore Institute of Arbitrators (SIArb)
  • Panel Arbitrator, Law Society Arbitration Scheme (LSAS)
  • Panel Arbitrator, Kuala Lumpur Regional Centre for Arbitration (KLRCA)
  • Panel Mediator, Singapore Mediation Centre (SMC)
  • Panel Mediator, Law Society Mediation Scheme (LSMS)
  • Panel Mediator, KLRCA
  • Panel Adjudicator, KLRCA
  • Fellow, Chartered Institute of Arbitrators, SIArb and Malaysian Institute of Arbitrators
  • Primary Justice Lawyer, Community Justice Centre, State Courts

NOTABLE BRIEF

  • Represented corporate clients in successful resolution of multi-million dollar tax dispute on management service fees and royalty income over intellectual property; achieving speedy tax refunds of more than 95% of taxes and penalties in dispute over 10 years of assessment
  • Negotiated with IRAS for amicable resolution of criminal liabilities of clients under investigation for income tax evasion, achieving private settlement without any court prosecution or adverse publicity.
  • Conducted civil proceedings before the High Court and Court of Appeal to successfully cut down excess of authority by IRAS, in their court action for confidential banking documents of clients pursuant to exchange of information request from foreign tax authorities for restricted information on various entities and individuals.

CONTACT

T: 6327 1088
F: 6533 2339
M: 9689 8737
E: sharma@malkin-maxwell.com

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