Tax Exemption Under DTA Treaty

[chirag87]

Hi,

I am an Indian, working here since last 3 months. I plan to leave the Singapore soon. I understand that in such situation I am supposed to pay 15% tax. However, I came to know that there is something called Double Tax Exemption and it is possible to avoid paying full tax in Singapore. Does anyone has any information regarding this?

[sundaymorningstaple]

Depends on where your tax home is and whether or not Singapore has a Tax Treaty with that country. As an example, the US does not have a tax treaty so you pay taxes in both places on the same income. (with certain breaks given by the US - no breaks given by Singapore).

[chirag87]

My Tax home is India and There is a treaty between India and Singapore.

[Strong Eagle]

Read here

http://www.iras.gov.sg/irasHome/page03_ektid304.aspx

And here

http://www.iras.gov.sg/irasHome/page.aspx?id=812