In a podcast episode of Barely Legal in Web 3, hosted by Jamilia Grier, Boon Tan, the managing director of CST Tax Advisors, and Chris Holland from Holland & Marie discussed the crypto tax issues and challenges in the Web3 space.

In this episode, our tax experts discussed how to successfully launch token offerings and how the crypto tax system works in Singapore. Gain valuable insights as they delve into the tax issues facing crypto businesses to avoid common pitfalls.

You may also listen to the podcast on Spotify.

Here is a link to the podcast transcript.

Our CST Managing Director, Boon Tan joins MoneyFM 89.3 Breakfast Show in Singapore with host Audrey Siek to discuss “How to Successfully Scale your Business Overseas”.

Delve into the key strategies and tax obligations in the foreign market for Singaporean businesses looking to expand to Australia, the US, and regional Asian markets. Boon also discusses the risk of premature scaling and employment-related aspects that businesses should consider when expanding into the global market. 

Listen to the podcast on Spotify.

The podcast transcript is available here.

Boon Tan, Managing Director of CST in Singapore, recently joined Hemandra Tanapalan, Chief Executive Officer at Mstige Holdings, to discuss the intricate world of Web3. Together they unpack the tax implications of trading NFTs, investment strategies, and the vibrant community dynamics within the space.

In this podcast, Boon delves into topics such as DAOs, GameFI, and opportunities for additional income in Web3. Learn how to manage crypto and NFT profit taxes while navigating the evolving landscape of decentralized finance.

Listen to the podcast on Spotify.

To get the podcast transcript, click this link.

Our Managing Director in Singapore, Boon Tan, will be participating in Singapore Global Network’s “Relocation to Singapore” webinar.

The webinar is designed for foreigners relocating to Singapore, including job seekers, trailing spouses, and students.

Boon will be joined by Ms Marina Lopes, who has been residing in Singapore with her family since 2021. Boon and Marina will guide you through the process to ensure you embark on your Singaporean adventure with confidence.  

Hear from the personal experiences of those who have made the move, on various topics such as housing, transportation, children’s education, navigating work culture, social norms, and career options for trailing spouses.   

Whether you’re in the initial stages of planning or have already made the decision to relocate, we aim to assist you in assimilating seamlessly to our beautiful island, Singapore!  

Event sign up page: https://community.singaporeglobalnetwork.gov.sg/events/4585

Our CEO (Dubai), Toby Young recently spoke at the World Blockchain Summit in Dubai. 

The summit focused on the theme ‘Fostering The Future of Web 3.0’ – a topic Toby has expensive knowledge and experience with. 

He moderated the “The Big Picture: Market Outlook for 2023” session. On this panel the pricing of Digital Assets, current market sentiment, including what has driven prices this year and institutional participation and infrastructure, was discussed. The conclusion from the panel was that Digital Assets are not going to disappear, but their constructs are likely to change over time, with existing service providers and trusted fiduciaries in the investment world looking to build and invest in infrastructure projects to ensure they are not left behind as regulation develops and user adoption grows within the digital space. 

He was a panellist in the fireside chat session focusing on “Web 2.5: Bridging the Gap between Web 2.0 and Web 3.0.” Discussed on this panel was the potential for companies to become digital entities, yet in reality needing to continue to be set-up in a traditional structure. This includes layer 1 and 2 protocols, DeFi platforms and also potentially DAOs. At present the world is not ready to be fully digital and, as such, the existing status quo in terms of structure and compliance with traditional structures needs to remain. Despite being able to transact in Digital Assets, entities still need to be able to pay their bills and potentially salaries in fiat currencies. As such, entities need to remain compliant within the existing real world.