Principal Consultant, Tax.
KPMG in Singapore
Yew Kwong was with Inland Revenue Authority of Singapore (IRAS) and the predecessor Inland Revenue Department for 28 years, and his last-held positions in IRAS were Chief Valuer and Chief Legal Officer. As Chief Legal Officer, he handled all the taxes administered by IRAS, including income tax, GST and stamp duty. He also held the statutory appointments of Chief Assessor and Deputy Comptroller of Property Tax under the Property Tax Act, and was overall in-charge of the determination of annual values of all properties in Singapore in his role as Chief Assessor. In the civil service, he was awarded the Public Administration Medal (Silver). Immediately before joining KPMG, Yew Kwong was a tax lawyer in Wong Partnership. He has argued successfully for clients in a number of tax cases before the Courts , including ACC v Comptroller of Income Tax (concerning the withholding tax on interest rate swap payments), ZF v Comptroller of Income Tax (concerning capital allowances with regard to workers’ dormitories) and First DCS Pte Ltd v Chief Assessor (property tax matter concerning district cooling plant and pipelines).