Anonymous

26 Feb 2020

∙

General Investing

Do we have to declare our earnings from capital gains and dividends from stocks to IRAS for tax purposes?

Are our earnings from investments counted as part of the calculation for taxation?

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MT2020

26 Feb 2020

There is no need to declare as capital gains and dividends are not taxed.

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Andy Sim

26 Feb 2020

HR Professional at a Financial Institution

Nope, no capital gain tax in SG!

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Jason Sing

26 Feb 2020

School Of Hard Knocks And Life at School Of Hard Knocks And Life

No, there is no need to declare our earnings since there is no capital gains tax. Moreover, dividends paid have already been subjected to corporate tax on profit, and hence is not taxed again.

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Geraldo L.

26 Feb 2020

There is no capital gains tax in Singapore - was abolished in 2008 to make it more attractive for investors to build wealth. For dividends, it's taxed at the fund level and investors do not get taxed again upon receiving them.

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Rais M

26 Feb 2020

Accountant at SME

Not at all. Singapore is very investor friendly when it comes to stocks and shares. You do not have ...

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Does capital gains or dividends we earn gets taxed when we are investing in the US market (eg Tesla, square, coca cola) here from Singapore ? Will our profits be taxed if we sold off the shares of 20 years?

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