Why would you want to work for a company that doesn't even want you?
It doesn't matter. Where one is getting paid and the currency in which one is paid are both irrelevant to the tax situation.
Is this income taxable in Singapore? I'm wondering just which part of the arrangement isn't bending rules.
Lol. As long as they pay me so I don’t mind to work for them. The issue is they are not able to get EP so I have to work remotely.sundaymorningstaple wrote: ↑Mon, 10 Jan 2022 5:30 pmWhy would you want to work for a company that doesn't even want you?![]()
Exactly the 2nd is my situationMyasis Dragon wrote: ↑Mon, 10 Jan 2022 11:07 pmIt doesn't matter. Where one is getting paid and the currency in which one is paid are both irrelevant to the tax situation.
Is this income taxable in Singapore? I'm wondering just which part of the arrangement isn't bending rules.
While there is incomplete information here, almost certainly the person is working as an independent contractor. "Working remotely" indicates he/she is in her/his home country performing the work. Therefore, this person would be considered an independent contractor/self employed in her/his home country and income tax would be due there.
Example: Dell Singapore hires me. They get me an EP. They pay me into my US bank account in the USA in USA dollars. I live in Singapore. I am tax resident in Singapore. I pay Singapore income tax.
Example 2: Dell figures I am working remotely from home in Singapore anyway, so they decide to cancel my EP, send me back to the USA and I work remotely for Dell in Singapore as an independent contractor. I now pay my taxes in the USA as a self employed person.
Example 3: Dell figures I am working remotely from home in Singapore anyway, so they decide to cancel my EP, send me back to the USA , only this time, Dell USA hires me onto their payroll. Now, I am a US Dell employee, and I pay tax as a working stiff in the USA.
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