The role of the Tax Sub-Committee is as follows:
- formulate international tax position papers to the interest of shipping and offshore marine companies in Singapore;
- address international taxation issues including Double Taxation Agreements, Freight Tax, and other issues regulated by DTAs, etc affecting shipping and offshore marine companies in Singapore;
- review new or existing Singapore tax regulations directly affecting Singapore shipping and offshore marine companies;
- represent the Singapore shipping and offshore marine industries in giving advice, providing feedback and/or making recommendations to relevant government agencies and stakeholders in Singapore on international taxation matters affecting shipping and offshore companies in Singapore.