Learn everything about Singapore's personal income tax rates and brackets whether you're a local or a foreigner, plus expert tips on reducing taxes in 2025.
Singapore does not impose a capital gains tax. However, IRAS may tax gains from transactions involving real estate, stocks, or shares if deemed to be part of a trading activity. Therefore, the taxability of capital gains depends on the specific circumstances of the transaction.What is the pers...
Gain an understanding of Singapore’s corporate tax system, including tax incentives, and learn how to file your estimated chargeable income (ECI).
There are generally no income tax implications of a reduction of a company’s share capital. Whether the share capital reduction is deemed as a payment of dividend by the company to the shareholders or a payment of capital, there are no income tax implications given that there is no tax on...
The article looks at the story of Eduardo Saverin who fled his native country of Brazil, became a founder of the social networking company Facebook, and in 2011 renounced his U.S. citizenship to gain a passport from Singapore. Topics include the absence of a capital gain tax in Singapore,...
Our team of tax professionals are not just technicians - we understand your business objectives and concerns when formulating solutions tailored for your business transactions.
considerations such as treatment of passive foreign investment companies (PFICs), treatment of defaulted bonds or excise tax requirements; exceptional corporate actions; seasonality of dividends from underlying holdings; significant fluctuations in fund shares outstanding; or fund capital gain distributions. ...
various US, European and Asian financial institutions and the Singapore regulatory issues following therefrom, the most recent being the acquisition by Julius Baer of Merrill Lynch’s International Wealth Management business in Singapore and the Singapore aspects of Gain Capital’s global acquisition of ...
Change in Processing Fee for Visa Infinite Income Tax Facility from 15th March 2024 Discontinuation of EZ-Link facility on Simply Cash Credit Card from 1 June 2024 Notice: Branch Operating Hours for Lunar New Year 2024 Electrical Maintenance Works at Paragon on 6 January 2024 Summary of Ch...
Plus, get smart insights into tax considerations, liquidity needs, and long-term retirement planning strategies. Key Highlights [00:00:00] Introduction: Host: Michelle Martin, Guest: Kenny Loh, Independent Financial Advisor [00:01:30] CPF Special Account Closure:What happens when you turn 55 and...