Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Singapore Taxes

In Singapore, are we taxed only based on income?


Or are other factors taken into account like what property we own etc?

Yup, you're taxed on income (salary, dividends, rental income etc).

Property is taxed yearly based on the value of your property (I think).

Buying and selling shares are taxed on point of sale, so if you do not have any other income, you can file for a refund at the end of the year.

Capital gains are NOT taxable so if you strike the lottery, it's all yours.
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