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How Singapore Tax System Dealt With Remittance Of Foreign-sourced Income
By: wu chin kwang
According to the Singapore Income Tax Act (SITA), personal income earned from international business is taxable in Singapore once it is transmitted into Singapore. The exception is of course, if one qualifies for tax exemption. Foreign-sourced dividend, branch profit and service income are just some instances that may, under certain circumstances, fill the bill for a tax exemption under the Foreign-Sourced Income Exemption (FSIE) regime.(read
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Category : Business

