In general, income tax in Singapore is levied only on a territorial basis (ie only Singapore-sourced income is taxed, see SG1.3.1).
The most common types of income for retirees are the following:
- Ìý
•ÌýÌýÌýÌý Retirement benefits
- Ìý
•ÌýÌýÌýÌý Income from investments (annuities, interest, dividends)
- Ìý
•ÌýÌýÌýÌý Rental income
- Ìý
•ÌýÌýÌýÌý Gains from disposal of investments
The taxability of the above types of income and the deductions that can be claimed, if any, is examined below. For
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 28 Aug 2024 12:00