Hong Chuan
Senior Tax Accountant at China Telecom Asia Pacific- Claim this Profile
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Bio
Credentials
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Tableau 10 Advanced Tableau Training in Data Science
UdemyDec, 2017- Sep, 2024 -
Certified Accredited Tax Professional in GST
Singapore Tax AcademyFeb, 2017- Sep, 2024
Experience
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China Telecom Asia Pacific
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Singapore
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Telecommunications
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1 - 100 Employee
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Senior Tax Accountant
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Apr 2022 - Present
• Process improvement – obtained approval to halt payment for Indonesian entity few days before month end to ensure on time Indonesian Withholding Tax (WHT) filing/payment • Value Added Tax (VAT) and WHT monthly/quarterly returns for Malaysia, Indonesia, Vietnam, Japan, Taiwan – worked closely with local accountants and ensured on-time submission; provide tax support to business team; manage end to end process from the preparation of working papers to filing/payment and clearing tax agent queries; assisted with tax clearing • Corporate Tax (CIT) annual returns – worked closely with GL accountants to ensure on-time submission; obtained extension for delays expected in audited financial statements; made advance tax payments; prepared year end detailed corporate tax provision, deferred tax calculation, prior year reversal entries • Transfer Pricing – provided support for transfer pricing local file preparation; and prepared TP compensation in line with local TP policy, local file interquartile range and GST/VAT requirements • Tax Audits – worked closely with local accountant to close Indonesian tax audit within 4 months, with timely provision of information and attended meeting with local tax authorities • Tax Admin – obtained fee quotations from tax advisory firms and complete procurement process Show less
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Informa
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Croatia
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IT Services and IT Consulting
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1 - 100 Employee
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Senior Tax Accountant
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Apr 2019 - Dec 2020
• Value Added Tax (VAT) and Withholding Tax (WHT) monthly/quarterly returns – Middle Eastern countries including UAE, Saudi Arabia, South Africa, Nigeria o Together with my tax controller, I co-developed and implemented a series of internal controls to ensure all the companies’ taxable transactions were captured and prevent our largest Middle Eastern entity from repeating a costly US$700,000 tax penalty arising from their non-compliance with statutory deadlines and requirements. These VAT working paper procedures were subsequently rolled out to other Middle Eastern entities. o Liaised effectively with different stakeholders to implement new tax codes in line with changes in business model in response to Covid and the digital tax rules o Informed different stakeholders of impending change in VAT rate of Saudi Arabia, introduced additional checks in compliance of new VAT requirements to be prepared in the event there is any VAT audit o Managed end to end process from the preparation of working papers to filing/payment and clearing tax agent queries • Corporate Tax Year End Tax Pack – worked closely with the assistant tax controller to o Determine which APAC/Middle East entities to perform simplified Effective Tax Rate (ETR) calculations o Perform detailed corporate tax provision schedules o Prepare/submit tax provision/deferred tax calculations, and prior year reversal entries where appropriate Show less
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Apple
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Indonesia
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Software Development
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1 - 100 Employee
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Indirect Tax Accountant
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Aug 2018 - Nov 2018
• Value Added Tax (VAT) returns – worked closely with Indirect Tax Lead to file quarterly Korea VAT by statutory due date within 2 months into the role, involving o 3-tier reconciliation (SAP, Vendor and Tax Authorities) for several datasets with over 200,000 transactions o Liaising effectively with O2C (Order to Cash) team to resolve issues faced in reconciliation • Indirect tax returns – Timely submission and compliance with local tax rules for Malaysia, Korea and New Zealand entities • Value Added Tax (VAT) returns – worked closely with Indirect Tax Lead to file quarterly Korea VAT by statutory due date within 2 months into the role, involving o 3-tier reconciliation (SAP, Vendor and Tax Authorities) for several datasets with over 200,000 transactions o Liaising effectively with O2C (Order to Cash) team to resolve issues faced in reconciliation • Indirect tax returns – Timely submission and compliance with local tax rules for Malaysia, Korea and New Zealand entities
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FIS
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United States
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Information Technology & Services
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1 - 100 Employee
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Indirect Tax Analyst
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Apr 2017 - Nov 2017
• Participated actively in the worldwide ERP migration exercise from SunSystems to Oracle e-Business – finalizing changes and improvement in processes, while maximizing tax cost saving efforts and filing withholding taxes on time, liaising with:- o IT Department – provided feedback of tax requirements on sample GL reports o Collection team – withholding tax credit transfer and tax exemption forms application o AP team – highlight the importance of tax payments and minimize statutory penalties o Intercompany team – analysis of withholding tax implications for intercompany transactions o Local finance team – taking over monthly tax returns • Withholding Tax Returns – Developed excel spreadsheets that streamlined the compliance process for monthly submission for Thailand, Indonesia and Philippines • Processed large datasets of over 50,000 transactions in excel monthly for global intercompany transactions for tax analysis Show less
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Grab
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Entertainment
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1 - 100 Employee
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Tax Associate
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Dec 2016 - Apr 2017
• Completed Executive Tax Programme Level II (GST), “Accredited Tax Practitioner” (ATP) by Singapore Institute of Accredited Tax Professionals (SiATP) • Value Added Tax (VAT) returns – Quarterly submission for Singapore and Malaysian entities • IRAS Application – Voluntary GST registration • Audit Queries - Computed and handled auditors’ queries for provisional tax computations for the YA 2017 and GST submissions for FY 2016 for Singapore entities • LHDN Queries – GST input tax claim for Q4 2016 for Malaysian entities Show less
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Resorts World Sentosa
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Hospitality
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700 & Above Employee
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Tax Executive
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Apr 2016 - Dec 2016
• Value Added Tax (VAT) returns – Developed excel spreadsheets that streamline the process of compliance for monthly and quarterly submission for Singapore, Malaysia, Thailand and Mongolia entities • Corporate tax – Annual submission for APAC entities including Singapore, China, Malaysia, Hong Kong, Mongolia and Japan • IRAS/LHDN Queries - Handled queries from auditors and tax authorities from various tax jurisdictions • Value Added Tax (VAT) returns – Developed excel spreadsheets that streamline the process of compliance for monthly and quarterly submission for Singapore, Malaysia, Thailand and Mongolia entities • Corporate tax – Annual submission for APAC entities including Singapore, China, Malaysia, Hong Kong, Mongolia and Japan • IRAS/LHDN Queries - Handled queries from auditors and tax authorities from various tax jurisdictions
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Tax Associate
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Aug 2014 - Nov 2015
• Managed corporate tax for a portfolio of 80 corporate clients across different industries and 30 individual clients • Assisted clients in claiming of Productivity and Innovation Credit (PIC) enhanced deductions / allowances / cash payout, Group Relief transfer of loss items, utilization / carrying forward of capital allowances / losses / approved donations, balancing adjustments, personal reliefs, withholding tax advise and tax clearance, as required • Liaised with clients and auditors to obtain necessary information for tax compliance issues • Liaised with IRAS for queries with the CIT for extension of time to submit tax returns, court summons Show less
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Education
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2011 - 2014
University of Bradford
Bachelor’s Degree, Accounting and Finance -
2021 - 2021
SAP
SAP Financial Accounting Track, SAP -
2021 - 2021
Singapore Tax Academy
Executive Tax Programme Level III (GST) -
2018 - 2018
Singapore Management University
SMU-Deloitte Harnessing the power of data analytics
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