Search results
Results from the WOW.Com Content Network
This system has the potential to allow for tax avoidance practiced by individuals who derive income from abroad, gain tax exemptions via their non-resident status there, and use this income outside Singapore. Expatriates and foreign workers in Singapore are also liable for paying income tax. [2]
The law does not require Singaporean or Permanent Resident couples who married overseas to re-register (includes "converting" or "endorsing" a foreign marriage certificate) with the Singapore ROM. The marriage certificate issued by the competent authority of the foreign country may be accepted as prima facie evidence of a marriage between the ...
The Inland Revenue Authority of Singapore under Ministry of Finance (Singapore) is in charge of tax collection. The latest amendment bill is still being made as of March 2016. [1] Under Section 95 of the ITA, convicted taxpayers are subjected to a penalty of up to 200% of the amount of tax undercharged in cases of incorrect tax returns.
Marriage records in Singapore date back to the year 1875. On 15 September 1961, Civil Marriages came into force under the legislation. The Registry was established at the same time. [1] ROM was originally located in Fort Canning Park, opposite Park Mall Shopping Centre, but moved in 1983 to its current premises at Canning Rise.
However, a single male is not allowed to adopt a girl unless special circumstances exist. Parents must be Singaporean citizens or permanent residents, or hold passes which the Family Justice Courts deem fit to qualify them as residents in Singapore. These rules may be waived if special circumstances justify the adoption. [6]
Source: a country may tax any income generated there, regardless of whether the earner is a citizen, resident, or non-resident; or; Citizenship: a country may tax the worldwide income of its citizens, regardless of whether they reside in that country or whether the income was sourced there (as of 2012: only the United States and Eritrea). [124]
The Singapore Income Tax Department was created in 1947 to administer the Income Tax Ordinance enacted during that year. [1] Actual assessing of tax only began in November 1948. In the first Year of Assessment, about 40,000 individual tax returns and 1,000 corporate returns were received.
Singapore's non-resident workforce increased 170% from 248,000 in 1990 to 670,000 in 2006 (Yeoh 2007). By 2010, the non-resident workforce had reached nearly 1.09 million, of these 870,000 were low-skilled foreign workers in Singapore; another 240,000 were skilled foreign worker, better-educated S-pass or employment pass holders. Malaysia is ...