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One of the most frequent and expensive mistakes foreign investors make is missing Singapore’s strict tax filing deadlines. IRAS imposes a 5% penalty on unpaid taxes when payments are not received by ...
Singapore households are bracing for a sales tax hike that takes effect in the new year as the government shores up coffers ahead of an expected surge in social spending in the rapidly ageing city ...
A: Property taxes in Singapore are the same for all residential properties, applying to apartments, condominiums and landed properties—properties that are attached directly to a plot of land ...
SINGAPORE (Reuters) -Singapore announced on Friday a set of measures to rejuvenate its equities market, including a 20% tax rebate for primary listings and a S$5 billion ($3.74 billion) program ...
Singapore's Finance Minister Lawrence Wong announced on Friday a "significant adjustment" to the tax system with implementation of the 15% global minimum corporate tax rate spearheaded by the ...
Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients ...
Singapore will roll out 1.9 billion Singapore dollars (US$1.41 billion) in cash handouts, vouchers and rebates for households in the new fiscal year, part of efforts to mitigate the effects of ...
However, if Chinese investors put wealth in Singapore, they do not need to pay taxes in China on the income earned in Singapore, only Singapore taxes.
Owners can potentially face two sets of tax penalties if the decoupling is merely a sham arrangement to still co-own that same property Read more at straitstimes.com. Read more at straitstimes.com.