Why Tax Belongs in the Boardroom | SID x Tax Academy Seminar Highlights

What role should tax play in the boardroom?

At the inaugural joint seminar by the Tax Academy of Singapore and the Singapore Institute of Directors (SID), directors, business leaders and tax professionals came together to explore how tax is increasingly connected to business strategy, governance, reputation, investment and long-term value creation.

Opening on a slightly different note — with Tax Academy CEO Dennis Lui on the guitar — this highlights video captures moments from Board’s Blindspot: Tax Strategy and Risks in a VUCA World.

The discussion explored why boards need to look beyond tax as a technical or compliance matter and consider questions such as:

• What should an organisation’s tax philosophy look like?
• How should boards oversee tax risk across jurisdictions?
• How are global tax reforms and geopolitical shifts changing business decisions?
• What role will AI play in the future of enterprise tax?
• How can businesses engage constructively with tax administrations to strengthen trust and certainty?

One message stood out: while tax rules and outcomes differ across jurisdictions, a clear Group tax philosophy can provide consistent principles and guardrails for decision-making across an organisation.

The seminar brought together perspectives from international tax policy, academia, tax administration, global industry and board leadership — continuing an important conversation about the place of tax in corporate strategy and governance.

🔗 Learn more about the seminar:
https://www.taxacademy.sg/past-events/tax-strategy-and-risks-in-a-vuca-world/

📺 Continue learning with TaxWatch by Tax Academy of Singapore, featuring timely tax insights, expert perspectives and selected programmes available on demand.
https://www.taxacademy.sg/taxwatch/

About Tax Academy of Singapore
Tax Academy of Singapore brings together tax practitioners, policymakers, academics and business leaders to advance tax knowledge, professional capability and informed dialogue in Singapore and beyond.

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