March 31, 2020

Personal Income Tax Rates in Singapore and in Asia

Individuals are required to file annual income tax returns to the Inland Revenue Authority of Singapore (IRAS) and pay income tax at the local prevailing personal income tax rate charged on chargeable income. This applies to Singaporean citizens (SCs) and to Permanent Residents (PRs) as well as foreigners deriving income in Singapore.  Singapore’s personal income…

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Tax Dept