News Tag Tax

In this article, we will cover: Singapore has recently amended its Income Tax act by introducing the new Section 10L on gains from Sale of foreign assets effective from January 1, 2024. The purpose of this new section is to…

Singapore follows a “current year basis” for taxation, meaning that individuals taxes to pay for a particular year is assessed in the following year.  In this guide, we will help you to understand and calculate your taxes and exactly how…