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Anonymous

13 Dec 2020

∙

General Investing

Do traders have to pay income tax?

I understand that in Singapore there is no tax on capital gain and dividends, the only tax is on dividends by foreign governments. Does this mean someone who is retired/unemployed does not have to pay any income tax even if they invest?

Does this apply for traders? What is the criteria to be considered as trading under tax laws?

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Don King

04 Apr 2022

Anyone has written confirmation on this from IRAS? Tried to call the call center and the officer said need to pay tax 😱

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Daniel Kok

13 Dec 2020

Fortunately, gains through stocks are non taxable!

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1M45

12 Dec 2020

Anything do with stock no need pay tax to Sg govt....

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I’ll be bringing in an annual income of arnd 60+k this year and realised I’ll have to pay quite abit of income tax. Would like to know how I can utilise CPF & SRS effectively to minimise tax payable?

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