facebook1) Are civil servants (police officers, firefighters etc) in Singapore allowed to buy shares from SGX or NASDAQ/NYSE? 2) For Singapore citizens, are dividends taxable? - Seedly

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Anonymous

03 Sep 2020

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General Investing

1) Are civil servants (police officers, firefighters etc) in Singapore allowed to buy shares from SGX or NASDAQ/NYSE? 2) For Singapore citizens, are dividends taxable?

Discussion (2)

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Nope, unless thru their course of employment they encounter into confidential information & engage in "insider trading", which is a conflict of interest.

Of course! There is no reason why a person in the civil service cannot invest his/her hard earn cash.

However, with that said, I’m pretty sure he/she would have to somehow declare their investments / assets to their Organization for transparency of financial indebtness, though.

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