Withholding Tax: What is Withholding Tax

A person must withhold and pay the withheld tax to IRAS when certain types of payment (e.g. interest, royalty, services etc.) are made to a non-resident.

This information aims to provide a better general understanding of taxpayers’ tax obligations and is not intended to comprehensively address all possible tax issues that may arise. While every effort has been made to ensure that this information is consistent with existing law and practice, should there be any changes, IRAS reserves the right to vary our position accordingly.

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[minqigwee]

This is a very good video. Now I am more understand how does the witholding tax work. I like the illustration given-Company A, B, C and D.

[vannacheong]

Very insightful. So glad I stumble upon this. Hope IRAS Singapore will post more such educational videos for a more learned society.

[SandushiInfox]

Well explained video. This is really helpful for my ERP implementation process

[musicalranpha]

Thank you for the video. Makes us easy to learn about tax in Singapore. Cheers~

[arturbutucel]

This is basically import tax on services and goods.