SG1.4.1ÌýÌýÌýÌý Income tax
Subject to the provisions of tax treaties for the avoidance of double taxation, individuals who are non-resident in Singapore are required to pay tax on Singapore-sourced income, ie income that is accrued in or derived from Singapore. The most common forms of Singapore-sourced income are:
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•ÌýÌýÌýÌý employment income (including allowances and benefits-in-kind)
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•ÌýÌýÌýÌý professional income
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•ÌýÌýÌýÌý rental income arising from property situated in Singapore
Employment income
If an individual is employed in Singapore for 60 days or less in a calendar year, the short-term employment income is exempt from tax. This rule does not apply if:
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•ÌýÌýÌýÌý the individual is a director of a company, a public entertainer or a professional in Singapore; or
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•ÌýÌýÌýÌý the individual's absences from Singapore are incidental to their Singapore employment. In this case, their total income (including income for services rendered outside Singapore) is taxable in full in Singapore.
Director's fees and other income are taxed at the prevailing rate of 22%. From YA 2024 onwards, the prevailing
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Web page updated on 28 Aug 2024 11:44