《Singapore- Taxtation》.pdf

/us International Assignment Services Taxation of International Assignees Country – Singapore Human Resources Services International Assignment Taxation Folio Table of Contents Introduction – International assignees working in Singapore3 Step 1 – Understanding basic principles4 Step 2 – Understanding the Singapore tax system6 Step 3 – What to do before you arrive in Singapore9 Step 4 – What to do when you arrive in Singapore 14 Step 5 – What to do at the end of the year 15 Step 6 – What to do when you leave Singapore 16 Appendix A – Rates of tax18 Appendix B – Personal allowances 20 Appendix C – Double-taxation agreements 21 Appendix D – Typical tax computation23 Appendix E – Singapore contacts and offices25 Additional Country Folios can be located at the following website: /ias/folios PwC Page 2 of 26 Introduction – International assignees working in Singapore Many expatriates working in Singapore seek our advice and assistance in personal tax planning and tax compliance matters. This includes reviewing their overseas tax burden to ensure that they are minimized. As a member of the PricewaterhouseCoopers firm, our contacts with overseas tax partners enable us to provide the required assistance in this area. This folio has been prepared for the benefit of expatriates working in Singapore. It is intended to give readers a basic understanding of the taxation laws in Singapore and is not intended to be comprehensive. Therefore, you should seek professional advice before acting on any of the matters contained in this folio. Specific details of tax rates and allowances are also provided in this folio (see Appendix A and Appendix B for details). These repre