Eugene Lim
Asia-Pacific Guide 2025
Band 3 : Tax
Email address
[email protected]Contact number
+65 63047978Share profile
Band 3
About
Provided by Eugene Lim
Practice Areas
Eugene Lim has worked extensively on tax and trade matters in the Asia Pacific region with a particular focus on the following practice areas:
• Global Value Chains
• Indirect Tax
• International Tax and PE
• International Trade
• Local and Cross Border Tax Controversy
Career
Eugene is a Founding Principal with WTS Taxise, a specialist international tax, transfer pricing and international trade practice comprising of a boutique Singapore law corporation, Taxise Asia LLC, and a boutique tax consulting firm, Taxise Asia Consulting Pte Ltd. He has extensive experience relating to the structuring of supply chain and distribution strategies in the Asia Pacific region as well as in international tax and trade matters.
Previously, Eugene was based in Hong Kong and China for 11 years before moving to Singapore in 2014 to head the Singapore Tax, Trade and Wealth Management practice in one of the largest international law firms in Singapore.
Professional Memberships
Eugene serves as the Co-Chairman of the Tax & Trust Committee of the Law Society of Singapore and is a Board member of the Tax Academy of Singapore, the not-for-profit training arm of the Inland Revenue Authority of Singapore. He is also a member of the Singapore Academy of Law. He was admitted to the Senior Courts of England and Wales as solicitor and Supreme Court of Singapore as advocate and solicitor.
Publications
Eugene has authored articles providing expert insights and practical business advice on implications of tax and trade developments in Singapore and the rest of Asia Pacific. His recent articles published on WTS Taxise www.taxiseasia.com/alerts/.
Chambers Review
Asia-Pacific
Eugene Lim is the co-founder of WTS Taxise, with a strong reputation for international tax and trade matters. He advises on the tax structuring of investments and transfer pricing.
Strengths
Provided by Chambers
"Eugene is excellent in terms of technical knowledge, service and quality of deliverables. Him and the WTS Taxise team are excellent to work with."
"Eugene is great. He has this business-oriented approach which makes him stand out. He makes sure to explain the law and how it impacts us."
"Eugene is excellent in terms of technical knowledge, service and quality of deliverables. Him and the WTS Taxise team are excellent to work with."
"Eugene is great. He has this business-oriented approach which makes him stand out. He makes sure to explain the law and how it impacts us."
Articles, highlights and press releases
12 items provided by WTS Taxise
WTS Taxise continues strong streak with fourth consecutive Chambers ranking as leading tax law firm
Taxise Asia LLC (WTS Taxise) has maintained its position as a leading tax law firm for the fourth consecutive year, following the release of the Chambers Asia Pacific Guide 2025.
WTS Taxise is awarded Transfer Pricing Law Firm of the Year at the ITR Asia Pacific Awards 2024
Taxise Asia LLC (WTS Taxise) has been named as the Transfer Pricing Law Firm of the Year at the annual ITR Asia Pacific Awards 2024. Additionally, WTS Taxise is among the leading law firms in Singapore shortlisted for the Tax Litigation Law Firm of the Year award.
WTS Taxise retains Asialaw recognition as Recommended Tax Law firm in Singapore
16 September 2024, Singapore – Taxise Asia LLC (WTS Taxise) has been recognised as a Recommended Firm in the 2024 edition of Asialaw. This marks the firm’s sixth consecutive inclusion in the rankings as one of the leading law firms for tax in Singapore since 2019.
Eugene Lim gains promotion from Asialaw as Distinguished Tax Practitioner and retains Tax Leader rec
16 September 2024, Singapore – Taxise Asia LLC (WTS Taxise) Founding Principal Eugene Lim is now ranked as a Distinguished Tax Practitioner in the Asialaw 2024 rankings, in addition to continued recognition as a Highly Regarded Tax Lawyer for Tax Controversy and Indirect Tax in the 2025 edition of I
ITR World Tax recognises WTS Taxise in its 2025 TP, Tax and Tax Controversy rankings
21 August 2024, Singapore – We are pleased to announce that Taxise Asia LLC (WTS Taxise) has been recognised by International Tax Review in its latest ITR World Tax 2025 rankings for international tax, transfer pricing and tax controversy . WTS Taxise Founding Principal Eugene Lim has also retained
WTS Taxise is the sole tax boutique law firm in Singapore shortlisted for ITR APAC Awards
6 August 2024, Singapore – Taxise Asia LLC (WTS Taxise) is delighted to announce that we have been shortlisted for Transfer Pricing Law Firm of the Year and Tax Litigation Law Firm of the Year at the International Tax Review (ITR) Asia Pacific Tax Awards 2024.
The Philippines membership in the OECD BEPS Inclusive Framework and what it means for TP audits
The Philippines is not a member of the Organisation for Economic Cooperation and Development (“OECD”), but their transfer pricing regulations are largely based on OECD Guidelines.
Report on Pillar One – Amount B
On 19th February 2024, the Organization for Economic Cooperation and Development (OECD)/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) released the report on Amount B of Pillar One.
Indonesia and Singapore Transfer Pricing guidelines: Comparative analysis
Indonesia’s new transfer pricing guidelines are enshrined in the Minister of Finance Regulation 172/2023, which was announced on the 29th of December 2023. MoFR-172 revokes previous MoFR guidance (MoFR-22, MoFR-49 and MoFR-213), all of which have been streamlined and restated in MoFR-172.
Singapore Budget 2024 – Building our Shared Future Together
On 16 February 2024, Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, presented Singapore’s Budget 2024 (“Budget 2024”) to the Singapore Parliament. Budget 2024 is a broad-based budget to deal with the challenges of geopolitical tensions and a weak global economy.
Global Asia: Tax transformation and opportunities
Post-pandemic Asia has seen a proliferation of tax developments in response to economic and political change.
Seasoned tax professional and lawyer Justin Tan joins WTS Taxise
WTS Taxise is pleased to announce the arrival of seasoned tax specialist and lawyer Justin Tan as Consultant. Justin brings to the firm his wealth of experience in international tax with a focus on cross-border transactions...
WTS Taxise continues strong streak with fourth consecutive Chambers ranking as leading tax law firm
Taxise Asia LLC (WTS Taxise) has maintained its position as a leading tax law firm for the fourth consecutive year, following the release of the Chambers Asia Pacific Guide 2025.
WTS Taxise is awarded Transfer Pricing Law Firm of the Year at the ITR Asia Pacific Awards 2024
Taxise Asia LLC (WTS Taxise) has been named as the Transfer Pricing Law Firm of the Year at the annual ITR Asia Pacific Awards 2024. Additionally, WTS Taxise is among the leading law firms in Singapore shortlisted for the Tax Litigation Law Firm of the Year award.
WTS Taxise retains Asialaw recognition as Recommended Tax Law firm in Singapore
16 September 2024, Singapore – Taxise Asia LLC (WTS Taxise) has been recognised as a Recommended Firm in the 2024 edition of Asialaw. This marks the firm’s sixth consecutive inclusion in the rankings as one of the leading law firms for tax in Singapore since 2019.
Eugene Lim gains promotion from Asialaw as Distinguished Tax Practitioner and retains Tax Leader rec
16 September 2024, Singapore – Taxise Asia LLC (WTS Taxise) Founding Principal Eugene Lim is now ranked as a Distinguished Tax Practitioner in the Asialaw 2024 rankings, in addition to continued recognition as a Highly Regarded Tax Lawyer for Tax Controversy and Indirect Tax in the 2025 edition of I
ITR World Tax recognises WTS Taxise in its 2025 TP, Tax and Tax Controversy rankings
21 August 2024, Singapore – We are pleased to announce that Taxise Asia LLC (WTS Taxise) has been recognised by International Tax Review in its latest ITR World Tax 2025 rankings for international tax, transfer pricing and tax controversy . WTS Taxise Founding Principal Eugene Lim has also retained
WTS Taxise is the sole tax boutique law firm in Singapore shortlisted for ITR APAC Awards
6 August 2024, Singapore – Taxise Asia LLC (WTS Taxise) is delighted to announce that we have been shortlisted for Transfer Pricing Law Firm of the Year and Tax Litigation Law Firm of the Year at the International Tax Review (ITR) Asia Pacific Tax Awards 2024.
The Philippines membership in the OECD BEPS Inclusive Framework and what it means for TP audits
The Philippines is not a member of the Organisation for Economic Cooperation and Development (“OECD”), but their transfer pricing regulations are largely based on OECD Guidelines.
Report on Pillar One – Amount B
On 19th February 2024, the Organization for Economic Cooperation and Development (OECD)/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) released the report on Amount B of Pillar One.
Indonesia and Singapore Transfer Pricing guidelines: Comparative analysis
Indonesia’s new transfer pricing guidelines are enshrined in the Minister of Finance Regulation 172/2023, which was announced on the 29th of December 2023. MoFR-172 revokes previous MoFR guidance (MoFR-22, MoFR-49 and MoFR-213), all of which have been streamlined and restated in MoFR-172.
Singapore Budget 2024 – Building our Shared Future Together
On 16 February 2024, Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, presented Singapore’s Budget 2024 (“Budget 2024”) to the Singapore Parliament. Budget 2024 is a broad-based budget to deal with the challenges of geopolitical tensions and a weak global economy.
Global Asia: Tax transformation and opportunities
Post-pandemic Asia has seen a proliferation of tax developments in response to economic and political change.
Seasoned tax professional and lawyer Justin Tan joins WTS Taxise
WTS Taxise is pleased to announce the arrival of seasoned tax specialist and lawyer Justin Tan as Consultant. Justin brings to the firm his wealth of experience in international tax with a focus on cross-border transactions...