Capital gains tax rate for expats

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thairader: Newbie; Posts: 1; Joined: Wed, 24 Feb 2010 4:27 am

Capital gains tax rate for expats

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Post by 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: Chatter; Posts: 158; Joined: Mon, 27 Jul 2009 3:09 am

Re: Capital gains tax rate for expats

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Post by 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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