Form IR21 Tax Clearance for Foreign Employees Leaving Singapore: Deadlines and Consequences of Missing It

Form IR21 Tax Clearance for Foreign Employees Leaving Singapore: Deadlines and Consequences of Missing It When a foreign employee resigns, is retrenched, or is posted out of Singapore, the employer's obligations do not end with a final payslip. Singapore's Income Tax Act 1947 requires employers to seek tax clearance for non-citizen employees before their final [...]

The IRAS Advance Ruling System: Process, Fees, and When It’s Worth Applying

The IRAS Advance Ruling System: Process, Fees, and When It's Worth Applying Every so often, a Singapore company faces a transaction where the tax treatment genuinely isn't clear from the Income Tax Act 1947 alone. A group restructuring, a cross-border royalty arrangement, or a proposed sale of shares that might or might not qualify for [...]

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