Hi,
Can anyone tell me how a Director (on EP) is taxed in Singapore? Do they pay the same personal taxes as others, assuming length of stay is more than 183 days? That's what I understand reading some other threads in this forum.
However, the IRAS site (http://www.iras.gov.sg/irasHome/page04.aspx?id=1190), says:
"You will be treated as a tax resident for a particular Year of Assessment (YA) if you are a:
* Singaporean; or
* Singapore Permanent Resident (SPR) if you have established your permanent home in Singapore; or
* Foreigner who stayed/worked in Singapore for 183 days or more in previous year (excludes director of a company).
Otherwise, you will be treated as a non-resident of Singapore for tax purposes."
SO... does that mean that an expat director of a Singapore company is not considered a tax resident?
I am totally confused.. someone pls throw light to the matter
Thanks,
Rajiv
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Taxation on Director's Salary
- Strong Eagle
- Moderator
- Posts: 11504
- Joined: Sat, 10 Jul 2004 12:13 am
- Location: Off The Red Dot
- Contact:
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Procedure for Singapore LLC to pay salary to non-resident director
by Narcisse » Mon, 27 Jan 2020 9:44 am » in Business in Singapore - 19 Replies
- 6295 Views
-
Last post by Narcisse
Fri, 07 Feb 2020 5:03 pm
-
-
-
Taxation Issues for Australian Expats
by cutehobbes » Thu, 07 Jun 2018 12:47 pm » in Relocating, Moving to Singapore - 3 Replies
- 4129 Views
-
Last post by PNGMK
Fri, 04 Jan 2019 12:20 pm
-
-
- 0 Replies
- 1721 Views
-
Last post by YoungCopy4
Tue, 06 Nov 2018 10:03 pm
-
-
Taxation when working overseas
by singaporeflyer » Wed, 12 Dec 2018 7:37 pm » in Staying, Living in Singapore - 9 Replies
- 8916 Views
-
Last post by PNGMK
Thu, 13 Dec 2018 1:37 pm
-
-
- 3 Replies
- 1600 Views
-
Last post by sundaymorningstaple
Wed, 26 Feb 2020 7:55 pm
Who is online
Users browsing this forum: No registered users and 1 guest