Singapore’s withholding tax is applicable to certain types of payments to non-resident individuals and companies. In general, withholding tax is a tax charged on non-residents that derives certain types of income sourced in Singapore. The responsibility of withholding tax deduction and accountability lies with the Singapore-based person making the payments to the non-residents. A percentage of that payment must be withheld and remitted to the Inland Revenue Authority of Singapore (IRAS).

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