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Capital gains tax rate for expats

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thairader
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Capital gains tax rate for expats

Postby thairader » Wed, 24 Feb 2010 4:51 am

I am interested in opening a internet trading account in Singapore to trade on the US NASDAQ and NYSE.

I am not a US citizen, so must fill out IRS form.
A Brit presently living in Thailand

What tax rate might I expect to pay on capital gains? :?

Koalabear
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Re: Capital gains tax rate for expats

Postby Koalabear » Wed, 24 Feb 2010 5:10 am

thairader wrote:I am interested in opening a internet trading account in Singapore to trade on the US NASDAQ and NYSE.

I am not a US citizen, so must fill out IRS form.
A Brit presently living in Thailand

What tax rate might I expect to pay on capital gains? :?


All capital gains are tax exempt in Singapore. If you are opening an account with a British passport then they may require to know your social insurance number to relay that information to your HM Revenue & Customs.


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