Tax and residence in the

Singapore





Singapore Basics

Singapore could be regarded as the best of both worlds. A taste of the East and the tropics with the vibrant street life . But also a modern developed and heavily regulated land. More so that almost any other on the planet. Great if you like that sort of thing. Big downside for anyone who drinks heavily (Who? Us Brits?) is the cost of alcohol especially in clubs and bars. Well the cost of everything means it's a good option only for those for middling deep pockets.

Treated as a Resident:
According to days in the country for non locals.
Singapore government tax department:
Inland Revenue Authority of Singapore
Tax Department Website:
http://www.iras.gov.sg/
Rule:
6 months in any year
Conclusion:
Possible tax haven location for 50-50 life. Possible year round tax haven location when income not remitted to Singapore.


Singapore Other Info

Information about the rules to determine tax residence or non-residence, domicile etc are here:
http://www.iras.gov.sg/ESVPortal/iit/iit-se-a1.1.8+residents+vs+non-residents.asp [Page Title: Resident vs Non-Resident]



Resident vs Non-Resident


Different Tax Treatment for a Resident and a Non-resident



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