So I worked in SG for a year for an American company and got RSUs that only some have vested and that can’t be sold as company isn’t public.
Anyway I left Singapore a year ago and still work for the US arm. I got a note saying I must pay a huge sum on those RSU. Deemed exercised rule. I can’t pay at all as I have not made a penny from these stocks.
So my question is can I just ignore it? I will never return to SG.
Anyone else have experience with this? Do IRAS chase me overseas even knowing I didn’t make any money to deprive them?
I settled all other taxes before leaving Singapore. Company just never bothered to tell them about the RSU until a year too late and they never got a tax clearance for me as I understand
I would rather just ignore this whole thing...
