OrbitaxTemporary liberalization of foreign-sourced income exemption (dividends) – additional details (extension to holdings of 50% or less in foreign subsidiaries)
|Approved Changes|Singapore
On 7 August 2009, the Inland Revenue Authority of Singapore revised its circular on the temporary liberalization for foreign-sourced income exemption in relation to dividend income.
Current treatment
A 1-year tax exemption is granted to all resident taxpayers on all foreign-source income accrued on or before 21 January 2009 and received in Singapore betwee…
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