Regardless of the person’s residency status, the tax authorities subject income earned in or sourced from Singapore to taxation. Tax is only applicable if a resident person obtains income in Singapore through a Singapore partnership and it originates from sources outside of Singapore. Foreign nationals who are classified as non-resident people in Singapore must pay a basic income tax of 22% (24% starting in the year of assessment 2024) and are not eligible for any personal exemptions or deductions. The tax authorities grant non-residents a benefit by imposing the highest of a flat 15% rate or the graduated resident rates with personal reliefs on their employment income. This exemption does not apply to directors who are not residents.

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