A Singapore-based practice bringing decades of cross-border tax expertise to corporations, funds, and individuals operating across Asia-Pacific and beyond.
Services
We advise on the full spectrum of Singapore and international tax matters, from day-to-day compliance through to complex cross-border structuring.
Accurate, timely corporate tax compliance for Singapore-resident companies.
Transfer pricing documentation, benchmarking studies, and advisory on intercompany arrangements.
Tax due diligence, deal structuring, and post-acquisition integration for M&A transactions across the region.
Goods and Services Tax registration, compliance, and advisory services for Singapore-based businesses.
Individual tax returns, expatriate tax planning, stock option and equity-related compensation.
About
Managing Director
Until his first “retirement” on 30 June 2014, David was a partner in PwC Singapore’s Tax practice where he spent most of his time dealing with international advisory work across a whole spectrum of industries, including energy, communications, construction, shipping, real estate, hospitality, banking and insurance.
As a partner in the Firm's Financial Services tax practice, he had initiated, headed and grown the Fund Management division into the largest contributor to the FS tax practice overall. In this role, he was regularly involved in helping clients structure their venture capital, private equity and real estate fund projects, and worked closely with the firm’s Mergers and Acquisitions, and Banking and Capital Markets teams in this regard. He has, as a result, extensive experience in corporate reconstructions and group reorganisations for funds and multi-national groups.
Apart from his client-facing role, David also led the Tax training and technical department for the Firm as well as its tax public relations.
From 2015 to 2019 he set up and ran DSC, leveraging off his many years of experience, aimed at filling the middle-market pricing and experience gap that exists in the tax environment.
He came out of retirement to join Grant Thornton Singapore as Head of Tax in July 2019 and became Practice Leader of the firm in July 2020 while maintaining his Tax Leadership role. He ceded his Practice Leadership role to younger blood in April 2024.
David has now had some 43 years of tax experience, 35 of which have been in the Singapore and South-East Asian tax and business environment.
He has now “retired” for the second time but has taken up the reins again of DSC, with a view to servicing a select band of clients who want the insight of years of tax and business experience, rather than the hurried cut-and-paste or AI slop that is in danger of becoming more prevalent.
On the external front, David was for many years a member of ICPAS’ Taxation and Levies Committee and latterly performed the same role for the Singapore Institute of Accredited Tax Professionals. He wrote the Singapore volume of CCH’s Tax Planning and Compliance in Asia and authored the chapters on Hedge Funds and Private Equity Firms, and on Group relief in The Law and Practice of Singapore Income Tax. He has appeared on numerous occasions on TV and radio, written frequent articles for newspapers and technical journals, and made countless public presentations.
A graduate of Cambridge University, David spent his formative years with Price Waterhouse in London, initially in audit before making a move to the tax department in 1983. He then spent two years with Price Waterhouse in Melbourne, Australia before migrating to Singapore in 1991. He is a member of the Institute of Chartered Accountants in England and Wales as well as the Institute of Certified Public Accountants of Singapore and is an Accredited Tax Advisor with Singapore Chartered Tax Professionals.
Director
Chris Loh has 20 years of tax experience, 6 of which were spent in PwC where he was part of the financial services tax team specialising in insurance, banking and capital markets and asset management. Chris has assisted various financial services clients in their tax advisory and compliance matters and dealing with the Monetary Authority of Singapore and Inland Revenue Authority of Singapore (IRAS) on various tax matters.
Chris guides clients with their tax matters from various industries including real estate, construction, shipping, manufacturing and legal. In addition to providing regular tax compliance services, helping clients with their incentive and Advance Ruling applications, and advising on cross-border transactions, he has also been heavily involved in advising on the re-structuring of family-owned businesses and fund structuring for fund managers and private equity investors.
Chris has contributed various articles to the Institute of Singapore Chartered Accountants' journals and co-authored a technical guide on the Productivity and Innovation Credit Scheme entitled "Budget after Budget – A How-to Guide on the Productivity and Innovation Scheme", published by LexisNexis.
Chris has a Masters of Taxation qualification from UNISIM and has adjunct for the undergraduate tax course in UNISIM. He also has a double degree in accountancy and business management from the Singapore Management University. He has served two years as vice-chairperson of the Young Professional Advisory Committee of the Institute of Singapore Chartered Accountants and is an Accredited Tax Advisor with the Singapore Chartered Tax Professionals.
Director
Clara has 22 years of tax experience. She spent 10 years in PwC where she was part of the financial services tax team specialising in insurance, banking and capital markets and asset management. She also had 2 years of experience working with IRAS in its Corporate Tax – Large Corporations (Financial Sector) and Tax Policy and International Tax divisions.
She has assisted various financial services clients, specialising in banking and capital markets, with their tax compliance matters and dealing with IRAS on various tax compliance issues.
Clara was also part of an internal tax team in a large global bank for 7 years. She was involved in managing domestic tax compliance and tax matters for the Group’s South-East Asian entities as well as assisting with transfer pricing matters for its Asia Pacific entities.
Clara has a degree in Accountancy from the Nanyang Technological University. She is a Chartered Accountant (Singapore) and an Accredited Tax Advisor with the Singapore Chartered Tax Professionals.