Latest posts

All
fashion
lifestyle
sports
tech

Trending News

How bomb blast scene in India has changed Congress Rule From 2004 to 2014 01
02
IS Colonies Unearthed in Wayanad, Alarming Security Concerns🚨
03
Your one vote to Modi got you these
04
Singapore has introduced a new tax on sale of foreign capital assets with effect from 1st Jan, 2024

Popular

How bomb blast scene in India has changed Congress Rule From 2004 to 2014
IS Colonies Unearthed in Wayanad, Alarming Security Concerns🚨
Your one vote to Modi got you these
Singapore has introduced a new tax on sale of foreign capital assets with effect from 1st Jan, 2024

Singapore has introduced a new tax on sale of foreign capital assets with effect from 1st Jan, 2024

⏩1. Historically, Singapore does not tax capital gains. Only gains which are “income” in nature are taxed. ⏩2. However, from January 1, 2024 onwards, Singapore has introduced into law the new Section 10L of the Income Tax Act 1947 (“ITA”). ⏩3. Foreign-sourced gains from the sale or disposal of a foreign asset (not being an…

Read More