Does investment in Singapore need to report income tax?

Hi Wei Siang,

It depends on the asset class.

For stocks and ETFs listed in Singapore Exchange, the captial gains and dividend gains are not taxable.

For investing in business loans via platforms such as SeedIn and Funding Societies, the interest earned is taxable.

For 2nd-hand endowment policies, the interest earned is not taxable.

Disclaimer: PolicyWoke is a 2nd-hand endowment policies broker​​​

No need tax!!

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