[{"data":1,"prerenderedAt":1277},["ShallowReactive",2],{"compare-pair-philippines-vs-singapore":3,"compare-philippines-singapore":98},{"kind":4,"page":5},"article",{"id":6,"title":7,"bestForA":8,"bestForB":12,"body":16,"countryA":36,"countryASlug":37,"countryB":38,"countryBSlug":39,"description":22,"excerpt":40,"extension":41,"extraRows":42,"faqs":51,"flagA":61,"flagB":62,"heroImage":63,"lastUpdated":64,"meta":65,"metaDescription":66,"metaTitle":67,"navigation":68,"path":69,"relatedCompares":70,"seo":77,"stem":78,"verdict":79,"winners":83,"__hash__":97},"compare\u002Fcompare\u002Fphilippines-vs-singapore.md","Philippines vs Singapore taxes",[9,10,11],"BPO, domestic retail and Philippine-facing services","Resident citizens with Philippine family and property","Registered enterprises that actually qualify for CREATE MORE",[13,14,15],"Regional holding and HQ companies","Investors who want no general CGT or estate tax","Founders who can staff a Singapore company for real",{"type":17,"value":18,"toc":32},"minimark",[19,23,26,29],[20,21,22],"p",{},"The Philippines is a broad, source-based system with a citizenship distinction that matters. Resident Filipino citizens are generally taxable on worldwide income. Non-resident citizens and aliens are generally taxed only on Philippine-source income, and the source of personal services usually follows where the work is performed. Individuals use progressive rates from 0% to 35%. Domestic companies generally pay 25% corporate income tax, or 20% when they meet the CREATE size tests of PHP 100 million of assets and PHP 5 million of net taxable income. VAT is 12%. There is no broad annual net wealth tax, but unlisted-share gains can be taxed at 15%, listed exchange sales at 0.1% stock transaction tax, and capital-asset real property at 6% on presumed gains.",[20,24,25],{},"Singapore is lighter on almost every headline: 0% to 24% personal tax, 17% corporate tax, generally no personal capital gains tax, no estate tax, and 9% GST. Ordinary Singapore-company dividends are one-tier exempt. That is why holding companies and regional executives still sit in Singapore even when the delivery centre is in Manila.",[20,27,28],{},"The constraint is death duty and the temptation to treat CREATE as a Singapore substitute. The Philippines levies a 6% estate tax and a 6% donor tax. Singapore has neither. CREATE MORE can change the result for qualifying registered business enterprises, but those incentives are conditional. They are not the ordinary rate for every Philippine company, and they do not remove 12% VAT, withholding, local business tax or the 6% estate tax.",[20,30,31],{},"Choose Singapore when the share register, investment portfolio or estate should sit in a 17% and 0% estate-tax system. Choose the Philippines when the people, customers or family are there, and only count 20% corporate tax if the CREATE size or incentive conditions are actually met. A Filipino citizen who remains resident can still be taxed on worldwide income even with a Singapore company in the chart.",{"title":33,"searchDepth":34,"depth":34,"links":35},"",2,[],"Philippines","philippines","Singapore","singapore",null,"md",[43,47],{"label":44,"valueA":45,"valueB":46},"Standard VAT \u002F GST","12%","9% GST",{"label":48,"valueA":49,"valueB":50},"Estate tax","6%","0%",[52,55,58],{"question":53,"answer":54},"Is the Philippines or Singapore better for tax?","Singapore is usually better on personal income tax, corporate tax, capital gains, GST and estate tax. The Philippines is the operating-market choice, especially if CREATE incentives genuinely apply.",{"question":56,"answer":57},"What is the Philippines estate tax rate?","The Philippines charges a 6% estate tax. Singapore has no estate or inheritance tax. Donor tax in the Philippines is also 6%.",{"question":59,"answer":60},"Is the Philippine corporate rate 20% or 25%?","Domestic companies generally pay 25% on worldwide income, or 20% when total assets do not exceed PHP 100 million and net taxable income does not exceed PHP 5 million. CREATE MORE incentives are separate, conditional reliefs for qualifying registered business enterprises.","🇵🇭","🇸🇬","\u002Fimages\u002Fcorp-card-bg.jpg","September 2026",{},"Philippines vs Singapore tax comparison for 2026. Compare 0%–35% vs 0%–24% PIT, 25%\u002F20% CREATE CIT vs 17%, 6% estate tax, CGT and 12% VAT versus 9% GST.","Philippines vs Singapore taxes (2026): CREATE, estate tax and GST",true,"\u002Fcompare\u002Fphilippines-vs-singapore",[71,74],{"title":72,"path":73},"Malaysia vs Philippines","\u002Fcompare\u002Fmalaysia-vs-philippines",{"title":75,"path":76},"Singapore vs Malaysia","\u002Fcompare\u002Fsingapore-vs-malaysia",{"title":7,"description":22},"compare\u002Fphilippines-vs-singapore",[80,81,82],"Singapore is the lighter personal, company and succession base. Resident individuals pay 0% to 24%, companies pay 17%, personal capital gains are generally not taxed, and there is no estate tax. The Philippines taxes individuals at 0% to 35%, standard companies at 25% or 20% if they qualify under CREATE-size tests, and estates at 6%.","The non-rate constraint is succession plus the difference between ordinary Philippine rates and CREATE incentives. A 6% estate tax applies even though there is no annual wealth tax. CREATE MORE reliefs can lower tax for registered business enterprises, but they are conditional, not the default 17% Singapore company rate.","Choose Singapore for a holding company, typical share gains and estate planning without a 6% death duty. Choose the Philippines when the BPO, domestic market or family is Philippine, and treat 12% VAT, 6% estate tax and CREATE conditions as part of the operating model.",[84,88,91,94],{"taxType":85,"winner":86,"note":87},"Personal income tax","B","Singapore's resident scale is 0% to 24%; the Philippines reaches 35%.",{"taxType":89,"winner":86,"note":90},"Corporate tax","Singapore's 17% rate is below the Philippines' 25% standard rate and 20% small-company CREATE rate.",{"taxType":92,"winner":86,"note":93},"Capital gains tax","Singapore generally has no personal CGT; the Philippines uses 15% on unlisted shares, 0.1% stock transaction tax on listed exchange sales, and 6% on presumed real-property gains.",{"taxType":95,"winner":86,"note":96},"Estate \u002F transfer tax","Singapore has 0% inheritance tax; the Philippines levies a 6% estate tax and a 6% donor tax.","PeHd-Nosh6aTzLQlaA2ACEFAQaJMCWL5hsg48OqHS74",{"a":99,"b":718},{"index":100,"details":204},{"id":101,"title":102,"bestFor":103,"body":109,"country":36,"countryFacts":116,"countrySlug":37,"description":113,"excerpt":40,"extension":41,"faqs":122,"flag":61,"heroImage":40,"howItWorks":132,"lastUpdated":137,"meta":138,"metaDescription":139,"metaTitle":140,"navigation":68,"otherTaxes":141,"pageType":164,"path":165,"relatedFormations":166,"relatedGuides":167,"seo":168,"stem":169,"summaryCards":170,"taxBracketSections":182,"taxBrackets":183,"taxRates":184,"taxSlug":40,"taxType":40,"visas":197,"watchOut":198,"__hash__":203},"taxes\u002Fcountry\u002Fphilippines\u002Findex.md","Taxes in the Philippines",[104,105,106,107,108],"Employees","Small professionals","Founders","BPO and service businesses","Long-term investors",{"type":17,"value":110,"toc":114},[111],[20,112,113],{},"The Philippines has a broad, source-based tax system with a citizenship distinction that matters. The practical answer depends on whether the taxpayer is a resident citizen, non-resident citizen, alien, employee, self-employed professional, company or investor—and on which transaction created the income.",{"title":33,"searchDepth":34,"depth":34,"links":115},[],{"region":117,"currency":118,"taxTreaties":119,"euBlacklist":120,"fatfStatus":121},"Asia","PHP","43","No","Compliant",[123,126,129],{"question":124,"answer":125},"Is the Philippines a low-tax country?","Not in the simple sense. The Philippines has a 0% to 35% personal income-tax schedule, 25% standard corporate tax, 12% VAT, withholding taxes, local taxes and mandatory payroll contributions.",{"question":127,"answer":128},"Does the Philippines tax foreign income?","Resident Filipino citizens are generally taxable on worldwide income. Non-resident citizens and aliens are generally taxed only on Philippine-source income, subject to the detailed source and treaty rules.",{"question":130,"answer":131},"Does the Philippines have a wealth tax?","No broad annual net wealth tax applies to individuals. Property ownership and investment events can still trigger local real property tax, income tax, capital-gains tax, estate tax, donor tax or documentary stamp tax.",[133,134,135,136],"Resident Filipino citizens are generally taxable on income from Philippine and foreign sources. Non-resident citizens and aliens are generally taxed only on Philippine-source income, with the source of personal services usually following where the work is performed.","Individuals use progressive income-tax rates from 0% to 35%. A qualifying non-VAT self-employed person with gross sales or receipts not exceeding PHP 3 million may elect an 8% tax on gross sales or receipts above PHP 250,000 in lieu of graduated income tax and percentage tax.","Domestic companies generally pay 25% corporate income tax on worldwide income, or 20% when total assets do not exceed PHP 100 million and net taxable income does not exceed PHP 5 million. The system also includes 12% VAT, withholding taxes, local business and property taxes, and payroll contributions.","The Philippines does not have a broad annual net wealth tax. Instead, investment and property events can trigger separate taxes: 15% on net gains from unlisted shares, 0.1% stock transaction tax on listed shares sold through an exchange, 6% on presumed gains from capital-asset real property, and 6% estate or donor tax.","August 2026",{},"Philippines tax overview for expats, employees, founders and investors. Compare personal income tax, corporate tax, VAT, capital gains, dividends, estate tax and wealth tax.","Taxes in the Philippines: income, corporate, capital gains and dividend tax (2026)",[142,146,150,154,157,160],{"title":143,"slug":144,"icon":145},"Income tax","income-tax","💼",{"title":147,"slug":148,"icon":149},"Wealth tax","wealth-tax","💰",{"title":151,"slug":152,"icon":153},"Inheritance tax","inheritance-tax","🏛️",{"title":92,"slug":155,"icon":156},"capital-gains-tax","📈",{"title":89,"slug":158,"icon":159},"corporate-tax","🏢",{"title":161,"slug":162,"icon":163},"Dividend tax","dividend-tax","💸","country","\u002Fcountry\u002Fphilippines",[],[],{"title":102,"description":113},"country\u002Fphilippines\u002Findex",[171,174,176,179],{"label":143,"value":172,"note":173},"0% - 35%","Progressive PIT",{"label":147,"value":50,"note":175},"No broad net wealth tax",{"label":89,"value":177,"note":178},"25% \u002F 20%","Standard \u002F qualifying small company",{"label":92,"value":180,"note":181},"Asset-specific","15%, 0.1% STT or 6%",[],[],[185,187,188,190,192,193,195],{"label":143,"value":172,"badge":186},"Progressive",{"label":147,"value":50},{"label":151,"value":189},"6% estate tax",{"label":92,"value":191},"15% \u002F 0.1% \u002F 6%",{"label":89,"value":177},{"label":161,"value":194},"10% individual",{"label":196,"value":45},"VAT",[],[199,200,201,202],"The Philippines is not a zero-tax base. A 35% top personal rate, 25% standard corporate rate, 12% VAT, withholding taxes, local taxes and mandatory payroll contributions can produce a materially higher real burden than one headline rate suggests.","A Filipino citizen who remains resident can be taxed on worldwide income, while a foreigner working physically from the Philippines can generally have Philippine-source employment or business income even when the client or employer is abroad.","The 8% option is a gross-receipts regime, not an 8% tax on profit. It is limited to eligible non-VAT individuals and can cease to apply when the PHP 3 million threshold is exceeded.","CREATE MORE incentives can change the result for qualifying registered business enterprises, but they are conditional incentives rather than the ordinary rate for every Philippine company.","8oAhQBvZy8DZT64fml-BBXbun0F2eyVS0YUx9xqgBm4",{"income-tax":205,"corporate-tax":312,"capital-gains-tax":393,"dividend-tax":479,"wealth-tax":562,"inheritance-tax":640},{"id":206,"title":207,"bestFor":208,"body":213,"country":36,"countryFacts":220,"countrySlug":37,"description":217,"excerpt":40,"extension":41,"faqs":221,"flag":61,"heroImage":40,"howItWorks":231,"lastUpdated":137,"meta":236,"metaDescription":237,"metaTitle":238,"navigation":68,"otherTaxes":239,"pageType":245,"path":246,"relatedFormations":247,"relatedGuides":248,"seo":249,"stem":250,"summaryCards":251,"taxBracketSections":266,"taxBrackets":267,"taxRates":291,"taxSlug":144,"taxType":143,"visas":305,"watchOut":306,"__hash__":311},"taxes\u002Fcountry\u002Fphilippines\u002Fincome-tax.md","Income tax in the Philippines",[104,209,210,211,212],"Expats","Contractors","Self-employed professionals","Overseas Filipinos",{"type":17,"value":214,"toc":218},[215],[20,216,217],{},"Philippine income tax is progressive, but the residence and taxpayer classification often matter more than the top rate. Employees usually experience the system through payroll withholding; professionals and business owners must choose between the regular computation and, when eligible, the 8% gross-receipts option.",{"title":33,"searchDepth":34,"depth":34,"links":219},[],{"region":117,"currency":118,"taxTreaties":119,"euBlacklist":120,"fatfStatus":121},[222,225,228],{"question":223,"answer":224},"What is the top income tax rate in the Philippines?","The top personal income-tax rate is 35% on taxable income above PHP 8 million, before considering separate taxes and payroll contributions.",{"question":226,"answer":227},"Who can use the 8% tax option?","An eligible non-VAT self-employed individual with gross sales or receipts and other non-operating income not exceeding PHP 3 million may elect 8% on the qualifying gross amount above PHP 250,000 in lieu of graduated income tax and percentage tax.",{"question":229,"answer":230},"Are resident Filipinos taxed on foreign income?","Generally yes. Resident Filipino citizens are taxed on income from Philippine and foreign sources, while non-resident citizens and aliens are generally taxed only on Philippine-source income.",[232,233,234,235],"Resident Filipino citizens are generally taxed on income from sources within and outside the Philippines. Non-resident citizens and aliens are generally taxed only on Philippine-source income. For employment and personal services, the place where the work is performed is usually central to the source analysis.","Compensation, business and professional income generally uses the graduated schedule after allowable deductions or the applicable optional standard deduction. Employers normally withhold compensation tax through payroll, while self-employed taxpayers make quarterly and annual filings.","A self-employed individual whose gross sales or receipts and other non-operating income do not exceed the PHP 3 million VAT threshold may elect an 8% tax on the amount above PHP 250,000. The election is available only to an eligible non-VAT taxpayer and replaces both graduated income tax and the Section 116 percentage tax for the covered business income.","Benefits for managerial and supervisory employees can be subject to a separate 35% fringe-benefits tax on the grossed-up monetary value. SSS, PhilHealth and other payroll contributions are separate from income tax and affect the employee and employer cost of hiring.",{},"Philippines income-tax guide for employees, expats and self-employed professionals. See the 0% to 35% brackets, PHP 250,000 band, 8% option, residence rules and filing date.","Philippines income tax: rates, brackets and 8% option (2026)",[240,241,242,243,244],{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},"tax","\u002Fcountry\u002Fphilippines\u002Fincome-tax",[],[],{"title":207,"description":217},"country\u002Fphilippines\u002Fincome-tax",[252,254,258,262],{"label":85,"value":172,"note":253},"Progressive schedule",{"label":255,"value":256,"note":257},"Tax-free band","PHP 250,000","Taxable-income threshold",{"label":259,"value":260,"note":261},"Small-business option","8%","On qualifying gross receipts",{"label":263,"value":264,"note":265},"Annual return","15 April","Following the tax year",[],[268,271,275,279,283,287],{"band":269,"rate":50,"note":270},"PHP 0 to PHP 250,000","No income tax on this taxable-income band",{"band":272,"rate":273,"note":274},"PHP 250,001 to PHP 400,000","15%","On the excess over PHP 250,000",{"band":276,"rate":277,"note":278},"PHP 400,001 to PHP 800,000","20%","PHP 22,500 plus 20% of excess over PHP 400,000",{"band":280,"rate":281,"note":282},"PHP 800,001 to PHP 2,000,000","25%","PHP 102,500 plus 25% of excess over PHP 800,000",{"band":284,"rate":285,"note":286},"PHP 2,000,001 to PHP 8,000,000","30%","PHP 402,500 plus 30% of excess over PHP 2,000,000",{"band":288,"rate":289,"note":290},"Over PHP 8,000,000","35%","PHP 2,202,500 plus 35% of excess over PHP 8,000,000",[292,295,297,299,301,303],{"label":293,"value":50,"badge":294},"Taxable income up to PHP 250,000","Exempt band",{"label":272,"value":296},"15% of excess",{"label":276,"value":298},"PHP 22,500 + 20%",{"label":280,"value":300},"PHP 102,500 + 25%",{"label":284,"value":302},"PHP 402,500 + 30%",{"label":288,"value":304},"PHP 2,202,500 + 35%",[],[307,308,309,310],"The PHP 250,000 threshold applies within the tax computation. It does not mean every person earning more than PHP 250,000 receives a separate PHP 250,000 cash allowance in every filing scenario.","The 8% choice is based on gross sales or receipts, not net profit, and it is generally unavailable once the individual is VAT-registered. A taxpayer who exceeds PHP 3 million must move back to the regular rules.","Foreign employers do not automatically make work performed in the Philippines foreign-source. Residence, work location, employment relationship and treaty provisions should be reviewed together.","Payroll withholding is not the same as the final annual liability for every taxpayer. Self-employed, mixed-income and investment-income taxpayers may have additional returns, credits and withholding certificates to reconcile.","i25i5-2Xqre6aIfOlsbFChJA4REf8mskq-xXwr4d38U",{"id":313,"title":314,"bestFor":315,"body":319,"country":36,"countryFacts":326,"countrySlug":37,"description":323,"excerpt":40,"extension":41,"faqs":327,"flag":61,"heroImage":40,"howItWorks":337,"lastUpdated":137,"meta":342,"metaDescription":343,"metaTitle":344,"navigation":68,"otherTaxes":345,"pageType":245,"path":351,"relatedFormations":352,"relatedGuides":353,"seo":354,"stem":355,"summaryCards":356,"taxBracketSections":369,"taxBrackets":370,"taxRates":371,"taxSlug":158,"taxType":89,"visas":386,"watchOut":387,"__hash__":392},"taxes\u002Fcountry\u002Fphilippines\u002Fcorporate-tax.md","Corporate tax in the Philippines",[106,316,107,317,318],"Regional operators","Foreign investors","Registered enterprises",{"type":17,"value":320,"toc":324},[321],[20,322,323],{},"Philippine corporate tax is a 25% system with an important 20% small-company rate and a separate minimum-tax comparison. For international groups, the outcome also depends on whether the business is a domestic company, branch, non-resident provider or qualifying registered enterprise under CREATE MORE.",{"title":33,"searchDepth":34,"depth":34,"links":325},[],{"region":117,"currency":118,"taxTreaties":119,"euBlacklist":120,"fatfStatus":121},[328,331,334],{"question":329,"answer":330},"What is the corporate tax rate in the Philippines?","The standard domestic corporate income-tax rate is 25%. A qualifying domestic corporation with assets up to PHP 100 million and net taxable income up to PHP 5 million may use 20%.",{"question":332,"answer":333},"What is the Philippine minimum corporate income tax?","The minimum corporate income tax is generally 2% of gross income beginning in the fourth taxable year after operations start, when that minimum exceeds the regular corporate income tax.",{"question":335,"answer":336},"Do foreign companies pay Philippine corporate tax?","Yes, when they have Philippine-source income. A branch or resident foreign corporation is generally taxed on net Philippine-source income, while a non-resident foreign corporation is generally subject to withholding or final tax on gross Philippine-source receipts.",[338,339,340,341],"A domestic corporation is generally taxable on worldwide income. A foreign corporation is generally taxable only on Philippine-source income, with a resident foreign corporation or branch usually taxed on net Philippine-source income and a non-resident foreign corporation generally taxed on gross Philippine-source receipts.","The regular domestic corporate income-tax rate is 25%. A domestic corporation with total assets not exceeding PHP 100 million, excluding land where the business entity is situated, and net taxable income not exceeding PHP 5 million may use the 20% rate.","The minimum corporate income tax is generally 2% of gross income beginning in the fourth taxable year after operations commence when it exceeds the regular corporate income tax. Special rules apply to banks, insurance companies, proprietary educational institutions, non-profit hospitals, international carriers and other regulated sectors.","CREATE MORE can provide income-tax holidays, enhanced deductions, a 5% special corporate income tax or a 20% reduced rate for qualifying registered business enterprises. VAT, withholding tax, local business tax, transfer pricing and payroll compliance remain separate workstreams.",{},"Philippines corporate-tax guide for founders and foreign investors. See the 25% standard rate, 20% small-company rate, 2% MCIT, foreign-company withholding and CREATE MORE incentives.","Philippines corporate tax: company rates, MCIT and CREATE MORE (2026)",[346,347,348,349,350],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":161,"slug":162,"icon":163},"\u002Fcountry\u002Fphilippines\u002Fcorporate-tax",[],[],{"title":314,"description":323},"country\u002Fphilippines\u002Fcorporate-tax",[357,359,362,366],{"label":89,"value":281,"note":358},"Standard domestic rate",{"label":360,"value":277,"note":361},"Qualifying small company","PHP 100m assets \u002F PHP 5m income limits",{"label":363,"value":364,"note":365},"MCIT","2%","On gross income from fourth year",{"label":263,"value":367,"note":368},"4th month","After accounting year-end",[],[],[372,375,377,380,383,385],{"label":373,"value":281,"badge":374},"Standard domestic corporate tax","Regular rate",{"label":376,"value":277},"Qualifying small domestic company",{"label":378,"value":379},"Minimum corporate income tax","2% of gross income",{"label":381,"value":382},"Non-resident foreign corporation","25% of gross income",{"label":384,"value":273},"Qualifying NRFC dividend rate",{"label":196,"value":45},[],[388,389,390,391],"The 20% small-company rate has two tests: total assets and net taxable income. A company cannot use the rate simply because it is privately owned or has a small headcount.","The MCIT is not an extra 2% charged on top of the regular corporate tax. It is a minimum comparison that can become payable when the regular tax is lower, subject to the applicable start-year and loss rules.","CREATE MORE incentives are activity-, registration- and location-dependent. Export sales, economic-zone operations and registered business enterprises need a project-specific incentive analysis.","A Philippine company can face several layers beyond corporate income tax: 12% VAT, withholding taxes, local business taxes, real property tax, documentary stamp tax and employer payroll contributions.","lGN2n99C_P_oFqJYdTYm8_EOvtK1YtL_Yh5o4ChQYUU",{"id":394,"title":395,"bestFor":396,"body":402,"country":36,"countryFacts":409,"countrySlug":37,"description":406,"excerpt":40,"extension":41,"faqs":410,"flag":61,"heroImage":40,"howItWorks":420,"lastUpdated":137,"meta":425,"metaDescription":426,"metaTitle":427,"navigation":68,"otherTaxes":428,"pageType":245,"path":434,"relatedFormations":435,"relatedGuides":436,"seo":437,"stem":438,"summaryCards":439,"taxBracketSections":454,"taxBrackets":455,"taxRates":456,"taxSlug":155,"taxType":92,"visas":472,"watchOut":473,"__hash__":478},"taxes\u002Fcountry\u002Fphilippines\u002Fcapital-gains-tax.md","Capital gains tax in the Philippines",[397,398,399,400,401],"Investors","Property owners","Founders selling shares","Public-market traders","Crypto holders",{"type":17,"value":403,"toc":407},[404],[20,405,406],{},"Philippine capital-gains tax is asset-specific. The key distinction is between a tax on net gain for unlisted shares, a transaction tax on listed securities, and a presumed-gain tax on capital-asset real property.",{"title":33,"searchDepth":34,"depth":34,"links":408},[],{"region":117,"currency":118,"taxTreaties":119,"euBlacklist":120,"fatfStatus":121},[411,414,417],{"question":412,"answer":413},"How are listed shares taxed in the Philippines?","Covered listed-share sales through a local or foreign stock exchange are generally subject to 0.1% stock transaction tax on gross selling price or value from 1 July 2025, in lieu of capital-gains tax.",{"question":415,"answer":416},"What is the tax on unlisted shares?","The general capital-gains tax rate is 15% on the net gain from selling or transferring shares that are not traded on a local or foreign stock exchange, subject to treaty and classification rules.",{"question":418,"answer":419},"Is Philippine property subject to capital-gains tax?","Capital-asset real property is generally subject to 6% tax on the higher of the gross selling price or the applicable fair-market-value measure. Property held as an ordinary business asset follows different rules.",[421,422,423,424],"The Philippines does not use one universal capital-gains rate. The tax depends on whether the asset is a listed security, unlisted share, real property held as a capital asset, ordinary business property or another investment.","From 1 July 2025, the sale or exchange of shares and other covered securities listed and traded through a local or foreign stock exchange is generally subject to a 0.1% stock transaction tax on gross selling price or value, in lieu of capital-gains tax. The tax is charged on the transaction, not on the investor's net profit.","The sale of shares that are not traded on a local or foreign stock exchange is generally subject to 15% capital-gains tax on net gain. A domestic company share sale can also require valuation, documentary stamp and withholding documentation.","The sale of real property in the Philippines classified as a capital asset is generally subject to a 6% final tax on the higher of gross selling price, zonal value or fair-market-value measure under the Tax Code. Property held as an ordinary business asset follows ordinary income-tax and potentially VAT rules instead.",{},"Philippines capital-gains guide for investors and property owners. See 15% unlisted-share gains, 0.1% listed-share transaction tax, 6% property tax and crypto caveats.","Philippines capital gains tax: shares, property and crypto rules (2026)",[429,430,431,432,433],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},"\u002Fcountry\u002Fphilippines\u002Fcapital-gains-tax",[],[],{"title":395,"description":406},"country\u002Fphilippines\u002Fcapital-gains-tax",[440,443,447,450],{"label":441,"value":273,"note":442},"Unlisted shares","On net capital gain",{"label":444,"value":445,"note":446},"Listed shares","0.1%","Stock transaction tax on gross sale",{"label":448,"value":49,"note":449},"Capital-asset real property","Higher of selling price or FMV",{"label":451,"value":452,"note":453},"Crypto","No special rate","Classification and facts matter",[],[],[457,460,464,466,469],{"label":441,"value":458,"badge":459},"15% of net gain","Capital-gains tax",{"label":461,"value":462,"badge":463},"Listed shares and covered securities","0.1% of gross sale","Stock transaction tax",{"label":448,"value":49,"note":465},"Higher of selling price or applicable fair-market measure",{"label":467,"value":468},"Ordinary business assets","Regular income tax",{"label":470,"value":471},"Digital assets","No dedicated rate",[],[474,475,476,477],"The 0.1% listed-share rate is a stock transaction tax on gross sale proceeds, so it applies even when the investor's economic profit is small or negative.","Unlisted-share gains use net gain, but the transaction still needs a defensible cost basis, valuation and evidence of the sale price. Related-party and foreign-company transactions can raise additional issues.","The 6% real-property tax is a presumed-gain tax and is generally based on the highest applicable value rather than the seller's accounting profit. A sale of an ordinary asset can instead fall under regular income tax and VAT.","The Philippines has no standalone crypto capital-gains rate. Digital-asset gains should not be treated as automatically tax-free; the taxpayer's status, activity, asset classification and source of income matter.","8kzKPrjfBfcYv8Y2skdH-n5tgnQdnfi3hVcj5N3tvLM",{"id":480,"title":481,"bestFor":482,"body":486,"country":36,"countryFacts":493,"countrySlug":37,"description":490,"excerpt":40,"extension":41,"faqs":494,"flag":61,"heroImage":40,"howItWorks":504,"lastUpdated":137,"meta":509,"metaDescription":510,"metaTitle":511,"navigation":68,"otherTaxes":512,"pageType":245,"path":518,"relatedFormations":519,"relatedGuides":520,"seo":521,"stem":522,"summaryCards":523,"taxBracketSections":539,"taxBrackets":540,"taxRates":541,"taxSlug":162,"taxType":161,"visas":555,"watchOut":556,"__hash__":561},"taxes\u002Fcountry\u002Fphilippines\u002Fdividend-tax.md","Dividend tax in the Philippines",[397,106,483,484,485],"Holding companies","Family businesses","Foreign shareholders",{"type":17,"value":487,"toc":491},[488],[20,489,490],{},"Philippine dividend tax is mostly a withholding-tax question. The 10% domestic rate for resident individuals is simple, but corporate shareholders, foreign recipients and offshore dividends need a separate analysis of the recipient and the source.",{"title":33,"searchDepth":34,"depth":34,"links":492},[],{"region":117,"currency":118,"taxTreaties":119,"euBlacklist":120,"fatfStatus":121},[495,498,501],{"question":496,"answer":497},"What is the dividend tax rate in the Philippines?","Domestic dividends paid to resident individual shareholders are generally subject to 10% final withholding tax. Other recipients, especially foreign corporations, can face 15%, 20% or 25% rates depending on statutory conditions and treaty relief.",{"question":499,"answer":500},"Are Philippine dividends tax-free for companies?","Dividends received by a domestic corporation from another domestic corporation are generally exempt from income tax under the intercorporate dividend rule.",{"question":502,"answer":503},"Are foreign dividends taxable in the Philippines?","They can be. A resident Filipino citizen is generally taxable on worldwide income, so foreign dividends require a source, foreign-withholding, treaty and foreign-tax-credit analysis.",[505,506,507,508],"Cash or property dividends paid by a Philippine domestic corporation are generally subject to 10% final withholding tax when received by a resident individual. The domestic corporation normally withholds and remits the tax.","Dividends received by a domestic corporation from another domestic corporation are generally exempt from income tax, avoiding a second corporate income-tax charge on the same domestic distribution.","Dividends paid to a non-resident foreign corporation are generally subject to 25% withholding, but a 15% rate can apply when the statutory tax-credit or no-tax condition is met. An applicable tax treaty can reduce the rate. Other alien and non-resident cases have their own final-tax rules.","A resident Filipino citizen can have foreign dividends within the worldwide-income base. Foreign withholding tax, Philippine source rules, treaty relief and foreign tax credits should be documented separately from the simple 10% domestic-dividend rule.",{},"Philippines dividend-tax guide for investors, founders and foreign shareholders. See the 10% individual rate, corporate exemption, 15% qualifying NRFC rate and treaty caveats.","Philippines dividend tax: 10% withholding and foreign shareholder rules (2026)",[513,514,515,516,517],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},"\u002Fcountry\u002Fphilippines\u002Fdividend-tax",[],[],{"title":481,"description":490},"country\u002Fphilippines\u002Fdividend-tax",[524,528,531,535],{"label":525,"value":526,"note":527},"Resident individual","10%","Final tax on domestic dividends",{"label":529,"value":50,"note":530},"Resident corporation","Intercorporate domestic dividends",{"label":532,"value":533,"note":534},"Non-resident corporation","15% - 25%","Conditions and treaty relief",{"label":536,"value":537,"note":538},"Foreign dividends","Fact-specific","Worldwide-income rules can apply",[],[],[542,545,548,550,552],{"label":543,"value":526,"badge":544},"Domestic dividend to resident individual","Final withholding tax",{"label":546,"value":50,"note":547},"Domestic dividend to domestic corporation","General intercorporate exemption",{"label":549,"value":273},"Domestic dividend to qualifying NRFC",{"label":551,"value":281},"Domestic dividend to other NRFC",{"label":553,"value":554},"Treaty rate","May be lower",[],[557,558,559,560],"The 10% domestic dividend rate is usually a final withholding tax for resident individuals; it is not the same as the graduated 0% to 35% tax on salary or business income.","A company distributing dividends has usually already paid corporate income tax. Founders should model the corporate layer and shareholder layer together rather than comparing 10% in isolation.","The 15% non-resident corporate rate is conditional. The recipient's residence country, deemed-paid-credit position, beneficial ownership and treaty paperwork can change the result.","Foreign dividends received by resident citizens do not automatically receive the domestic Philippine 10% final-tax treatment. Their source, character and foreign tax paid need separate review.","6pCu9ci4nD4xDUc9i_Ztfmay0-DbGNt3wQfY-1Nygwg",{"id":563,"title":564,"bestFor":565,"body":567,"country":36,"countryFacts":574,"countrySlug":37,"description":571,"excerpt":40,"extension":41,"faqs":575,"flag":61,"heroImage":40,"howItWorks":584,"lastUpdated":137,"meta":588,"metaDescription":589,"metaTitle":590,"navigation":68,"otherTaxes":591,"pageType":245,"path":597,"relatedFormations":598,"relatedGuides":599,"seo":600,"stem":601,"summaryCards":602,"taxBracketSections":617,"taxBrackets":618,"taxRates":619,"taxSlug":148,"taxType":147,"visas":634,"watchOut":635,"__hash__":639},"taxes\u002Fcountry\u002Fphilippines\u002Fwealth-tax.md","Wealth tax in the Philippines",[397,566,398,484,401],"High earners",{"type":17,"value":568,"toc":572},[569],[20,570,571],{},"The Philippines has no broad annual wealth tax. The important distinction is between ownership of financial assets, which is not itself taxed as net worth, and property ownership, income, transfers and succession, which can create separate national or local tax bills.",{"title":33,"searchDepth":34,"depth":34,"links":573},[],{"region":117,"currency":118,"taxTreaties":119,"euBlacklist":120,"fatfStatus":121},[576,578,581],{"question":130,"answer":577},"No. The Philippines does not levy a broad annual net wealth or net worth tax on individuals.",{"question":579,"answer":580},"Do Philippine property owners pay an annual tax?","Yes. Local real property tax generally applies to assessed real-property value, with statutory rate ceilings that differ between provinces and cities, plus the additional Special Education Fund levy.",{"question":582,"answer":583},"Are foreign assets taxed in the Philippines?","They are not taxed merely because they are owned, but resident Filipino citizens are generally taxable on worldwide income and asset transfers can create separate Philippine taxes.",[585,586,587],"The Philippines does not impose a broad annual tax on an individual's net worth. Cash, listed shares, private-company interests, cryptoassets and foreign investments are not taxed each year merely because they are owned.","Property ownership is different. Local governments can levy basic real property tax on assessed value, generally up to 1% in a province and 2% in a city or municipality within Metro Manila, plus a 1% Special Education Fund levy. Local ordinances and assessment ratios determine the practical bill.","Wealth can still create tax when it produces income or changes hands. Dividends, interest, rentals and business profits are taxable under their own rules; sales can trigger capital-gains tax, VAT or documentary stamp tax; death and gifts can trigger estate or donor tax.",{},"Philippines wealth-tax guide for investors and property owners. See the 0% net wealth-tax position, real property tax ceilings, education levy and transfer-tax caveats.","Philippines wealth tax: net worth, property and asset-tax rules (2026)",[592,593,594,595,596],{"title":143,"slug":144,"icon":145},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},"\u002Fcountry\u002Fphilippines\u002Fwealth-tax",[],[],{"title":564,"description":571},"country\u002Fphilippines\u002Fwealth-tax",[603,606,609,613],{"label":604,"value":50,"note":605},"Net wealth tax","No broad annual levy",{"label":607,"value":120,"note":608},"Net worth return","No general wealth-tax return",{"label":610,"value":611,"note":612},"Basic real property tax","Up to 1% \u002F 2%","Province \u002F city limits",{"label":614,"value":615,"note":616},"Special education levy","1%","On assessed real-property value",[],[],[620,623,626,629,631],{"label":621,"value":50,"badge":622},"Broad net wealth tax","No general tax",{"label":624,"value":625},"Basic real property tax in a province","Up to 1%",{"label":627,"value":628},"Basic real property tax in a city or Metro Manila municipality","Up to 2%",{"label":630,"value":615},"Special Education Fund levy",{"label":632,"value":633},"Idle-land levy","Up to 5%",[],[636,637,638],"No net wealth tax does not mean that holding Philippine property is tax-free. Real property tax is local, based on assessed value and affected by the ordinance of the province or city.","The 1% Special Education Fund levy is additional to the basic real property tax. Idle land can also attract an additional local levy of up to 5% where the local government imposes it.","Foreign tax residence can matter more than Philippine wealth tax. A person can have no Philippine net wealth tax while another country still taxes worldwide income, gains, assets or estates.","MMSbcsY0D2NC2sEfhDvRMnUM2cNBD2WO5McpD1P_f4g",{"id":641,"title":642,"bestFor":643,"body":647,"country":36,"countryFacts":654,"countrySlug":37,"description":651,"excerpt":40,"extension":41,"faqs":655,"flag":61,"heroImage":40,"howItWorks":665,"lastUpdated":137,"meta":670,"metaDescription":671,"metaTitle":672,"navigation":68,"otherTaxes":673,"pageType":245,"path":679,"relatedFormations":680,"relatedGuides":681,"seo":682,"stem":683,"summaryCards":684,"taxBracketSections":698,"taxBrackets":699,"taxRates":700,"taxSlug":152,"taxType":151,"visas":711,"watchOut":712,"__hash__":717},"taxes\u002Fcountry\u002Fphilippines\u002Finheritance-tax.md","Inheritance tax in the Philippines",[644,398,106,645,646],"Families","Foreign heirs","High-net-worth estates",{"type":17,"value":648,"toc":652},[649],[20,650,651],{},"Philippine succession tax is built around a 6% estate tax on the net taxable estate, not a separate inheritance charge for each beneficiary. The planning questions are the decedent's status, asset location, deductions, valuation and whether transfers happen during life or at death.",{"title":33,"searchDepth":34,"depth":34,"links":653},[],{"region":117,"currency":118,"taxTreaties":119,"euBlacklist":120,"fatfStatus":121},[656,659,662],{"question":657,"answer":658},"Does the Philippines have inheritance tax?","The Philippines uses a 6% estate tax on the net taxable estate rather than a separate tax calculated on each heir's inheritance.",{"question":660,"answer":661},"What is the Philippine estate-tax deduction?","A standard deduction of PHP 5 million generally applies, with other deductions potentially available, including the qualifying family home and the surviving spouse's share.",{"question":663,"answer":664},"Does the Philippines tax gifts?","Yes. Donor tax is generally 6% of total gifts above PHP 250,000 made during the calendar year, subject to statutory exemptions and documentation.",[666,667,668,669],"The Philippines does not impose a separate inheritance tax on each heir. It imposes a 6% estate tax on the net taxable estate transferred at death. The estate, executor or administrator must settle the tax and obtain the documentation needed to transfer registered assets.","For a citizen or resident decedent, the gross estate generally includes property wherever situated, subject to the applicable deductions and exclusions. For a non-resident non-citizen, the Philippine estate generally focuses on property situated in the Philippines, with treaty and reciprocity rules potentially relevant.","A PHP 5 million standard deduction is generally available, and qualifying deductions can also include the family home and the surviving spouse's share. The correct valuation of land, buildings, shares, bank accounts and other assets is often as important as the 6% rate.","Lifetime gifts are covered by donor tax rather than estate tax. Donor tax is generally 6% of total gifts above PHP 250,000 made during the calendar year, subject to exemptions for qualifying donations and the rules on the property transferred.",{},"Philippines inheritance-tax guide for families and property owners. See the 6% estate tax, PHP 5 million standard deduction, 6% donor tax and filing caveats.","Philippines inheritance tax: estate tax, gifts and succession rules (2026)",[674,675,676,677,678],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},"\u002Fcountry\u002Fphilippines\u002Finheritance-tax",[],[],{"title":642,"description":651},"country\u002Fphilippines\u002Finheritance-tax",[685,687,691,694],{"label":48,"value":49,"note":686},"On net taxable estate",{"label":688,"value":689,"note":690},"Standard deduction","PHP 5 million","For qualifying estates",{"label":692,"value":49,"note":693},"Donor tax","Gifts above PHP 250,000",{"label":695,"value":696,"note":697},"Estate return","Generally 1 year","From date of death",[],[],[701,703,705,706,708],{"label":48,"value":49,"badge":702},"Net taxable estate",{"label":704,"value":689},"Standard estate deduction",{"label":692,"value":49},{"label":707,"value":256},"Annual exempt gifts",{"label":709,"value":710},"Family-home deduction","Up to PHP 10 million",[],[713,714,715,716],"The 6% estate tax is applied to the net taxable estate, not automatically to the value of every asset without deductions. The estate still needs records, valuations, death certificates and transfer documents.","A Philippine citizen's worldwide estate can be relevant even when some assets are held abroad. A non-resident non-citizen's estate is generally limited to Philippine-situs property, subject to the detailed Tax Code and treaty rules.","Donor tax and estate tax are different events. A gift during life can trigger 6% donor tax above the annual exemption, while retaining property until death can bring the transfer into the estate-tax rules.","Property transfers also commonly involve documentary stamp tax, registration and local transfer taxes. Paying estate tax does not by itself complete the legal transfer of title.","nlSTvGCk5MN00ngI6FuFL9rS629FK6yOA_kK1I6fNgE",{"index":719,"details":805},{"id":720,"title":721,"bestFor":722,"body":725,"country":38,"countryFacts":732,"countrySlug":39,"description":729,"excerpt":40,"extension":41,"faqs":735,"flag":62,"heroImage":40,"howItWorks":745,"lastUpdated":748,"meta":749,"metaDescription":750,"metaTitle":751,"navigation":68,"otherTaxes":752,"pageType":164,"path":767,"relatedFormations":768,"relatedGuides":772,"seo":773,"stem":774,"summaryCards":775,"taxBracketSections":786,"taxBrackets":787,"taxRates":788,"taxSlug":40,"taxType":40,"visas":799,"watchOut":800,"__hash__":804},"taxes\u002Fcountry\u002Fsingapore\u002Findex.md","Taxes in Singapore",[723,566,397,724,483],"Remote founders","Digital nomads",{"type":17,"value":726,"toc":730},[727],[20,728,729],{},"Singapore is a low-tax jurisdiction, but not a simple one. The headline rates are attractive, yet the real planning work is separating territorial taxation, payroll CPF, GST and company filing obligations from the taxes that do not exist at all.",{"title":33,"searchDepth":34,"depth":34,"links":731},[],{"region":117,"currency":733,"taxTreaties":734,"euBlacklist":120,"fatfStatus":121},"SGD","90+ DTTs",[736,739,742],{"question":737,"answer":738},"Is Singapore a low-tax country?","Yes. Singapore is low-tax for individuals and companies because it uses a territorial system, has no wealth tax, no inheritance tax, no general capital gains tax and no dividend withholding tax on ordinary Singapore company dividends.",{"question":740,"answer":741},"Which taxes apply in Singapore?","The main taxes and charges to model are personal income tax, corporate income tax, GST, CPF contributions, property tax, stamp duty and withholding tax on certain non-resident payments.",{"question":743,"answer":744},"Is Singapore good for founders and investors?","It can be, especially for regional founders and holding structures. The real decision points are tax residence, GST registration, payroll, bank onboarding, source rules and whether the company needs to manage foreign income receipts or cross-border withholding tax.",[746,747],"Singapore taxes income that is accrued in or derived from Singapore, while foreign income received in Singapore is generally not taxable for individuals except in specific cases. Resident individuals pay progressive tax rates from 0% to 24%, and non-residents are generally taxed at 24% with a special 15% concession for non-resident employment income where it is higher than the resident computation.","The country does not levy a net wealth tax, inheritance tax or a general capital gains tax. Ordinary company dividends are tax-exempt in shareholders' hands under the one-tier system, while the practical planning work usually sits with GST at 9%, CPF payroll contributions, tax clearance for departing non-citizen employees, and company-level filing deadlines.","May 2026",{},"Singapore tax overview for expats, founders and investors. Compare income tax, wealth tax, inheritance tax, capital gains tax, corporate tax, dividend tax, GST and CPF costs.","Taxes in Singapore: income, wealth, corporate and dividend tax (2026)",[753,754,755,756,757,758,759,763],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},{"title":760,"slug":761,"icon":762},"VAT \u002F sales tax","vat-sales-tax","🧾",{"title":764,"slug":765,"icon":766},"Crypto tax","crypto-tax","🪙","\u002Fcountry\u002Fsingapore",[769],{"title":770,"path":771,"flag":62},"Singapore Pte Ltd","\u002Fformation\u002Fsingapore-pte-ltd",[],{"title":721,"description":729},"country\u002Fsingapore\u002Findex",[776,779,781,784],{"label":143,"value":777,"note":778},"24%","Progressive for residents",{"label":147,"value":50,"note":780},"No net wealth tax",{"label":89,"value":782,"note":783},"17%","Flat company rate",{"label":92,"value":50,"note":785},"No general CGT",[],[],[789,791,792,793,794,795,796],{"label":143,"value":790,"badge":186},"0% - 24%",{"label":147,"value":50},{"label":151,"value":50},{"label":92,"value":50},{"label":89,"value":782},{"label":161,"value":50},{"label":797,"value":798},"GST","9%",[],[801,802,803],"Singapore is low-tax, not no-tax. GST, CPF, foreign worker levy, stamp duty, property tax and withholding tax on certain non-resident payments can still matter.","YA 2026 filing is increasingly auto-assessed through Direct Notice of Assessment or No-Filing Service, but you still must file if your income or self-employment thresholds require it.","From 1 January 2027, CPF contribution rates for employees aged above 55 to 65 increase again, so payroll planning should look beyond the current year.","K94z83BZQ8o3hiYnLhMIgLCipnUUnTqVpYnNRFP4KLc",{"income-tax":806,"corporate-tax":933,"capital-gains-tax":1009,"dividend-tax":1077,"wealth-tax":1144,"inheritance-tax":1210},{"id":807,"title":808,"bestFor":809,"body":810,"country":38,"countryFacts":817,"countrySlug":39,"description":814,"excerpt":40,"extension":41,"faqs":818,"flag":62,"heroImage":828,"howItWorks":829,"lastUpdated":748,"meta":832,"metaDescription":833,"metaTitle":834,"navigation":68,"otherTaxes":835,"pageType":245,"path":843,"relatedFormations":844,"relatedGuides":846,"seo":847,"stem":848,"summaryCards":849,"taxBracketSections":863,"taxBrackets":864,"taxRates":912,"taxSlug":144,"taxType":143,"visas":927,"watchOut":928,"__hash__":932},"taxes\u002Fcountry\u002Fsingapore\u002Fincome-tax.md","Income tax in Singapore",[723,566,397,724,104],{"type":17,"value":811,"toc":815},[812],[20,813,814],{},"Singapore income tax is mainly about source, residency and payroll. The headline rate is progressive for residents, but the practical answer for many expats is how Singapore treats foreign income, CPF deductions and filing status.",{"title":33,"searchDepth":34,"depth":34,"links":816},[],{"region":117,"currency":733,"taxTreaties":734,"euBlacklist":120,"fatfStatus":121},[819,822,825],{"question":820,"answer":821},"Do expats pay income tax in Singapore?","Yes, if they have taxable Singapore-sourced income. Residents pay progressive rates and non-residents are generally taxed at 24%, with a limited concession for non-resident employment income.",{"question":823,"answer":824},"Is foreign income taxed in Singapore?","For individuals, foreign income received in Singapore is generally not taxable except in certain cases, such as some income received through a Singapore partnership.",{"question":826,"answer":827},"Do Singapore salaries have payroll deductions?","Singapore citizens and permanent residents usually have CPF contributions deducted through payroll. Foreign employees generally do not have CPF, but employers still need to watch tax clearance and other employment rules.","\u002Fimages\u002Fsingapore.jpeg",[830,831],"Singapore income tax applies to income accrued in or derived from Singapore. For individuals, employment income, business income, rent, interest and many other items can be taxable, while foreign income received in Singapore is generally not taxable except in specific circumstances.","Resident individuals pay progressive rates from 0% to 24% for YA 2026, and non-residents are generally taxed at 24%. Non-resident employment income can be taxed at the higher of 15% or the resident computation with reliefs, while non-resident directors do not get that concession. Singapore citizens and permanent residents also usually have CPF payroll contributions, while foreign employees do not.",{},"Singapore income tax guide for expats and individuals. See the 0% to 24% resident rates, 24% non-resident rate, CPF payroll contributions and foreign income rules.","Singapore income tax: rates, residency and expat rules (2026)",[836,837,838,839,840,841,842],{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},{"title":760,"slug":761,"icon":762},{"title":764,"slug":765,"icon":766},"\u002Fcountry\u002Fsingapore\u002Fincome-tax",[845],{"title":770,"path":771,"flag":62},[],{"title":808,"description":814},"country\u002Fsingapore\u002Fincome-tax",[850,852,855,859],{"label":85,"value":790,"note":851},"Resident rates",{"label":853,"value":777,"note":854},"Highest bracket tax","Top marginal rate",{"label":856,"value":857,"note":858},"CPF","17% \u002F 20%","Employer \u002F employee",{"label":860,"value":861,"note":862},"Tax return","Mostly auto-assessed","Many taxpayers use NFS or D-NOA",[],[865,868,871,875,879,883,886,890,894,898,901,905,909],{"band":866,"rate":50,"note":867},"First SGD 20,000","Resident individuals have no tax on the first band.",{"band":869,"rate":364,"note":870},"SGD 20,001 to SGD 30,000","Tax on this band is SGD 200.",{"band":872,"rate":873,"note":874},"SGD 30,001 to SGD 40,000","3.5%","Tax on this band is SGD 350.",{"band":876,"rate":877,"note":878},"SGD 40,001 to SGD 80,000","7%","Tax on this band is SGD 2,800.",{"band":880,"rate":881,"note":882},"SGD 80,001 to SGD 120,000","11.5%","Tax on this band is SGD 4,600.",{"band":884,"rate":273,"note":885},"SGD 120,001 to SGD 160,000","Tax on this band is SGD 6,000.",{"band":887,"rate":888,"note":889},"SGD 160,001 to SGD 200,000","18%","Tax on this band is SGD 7,200.",{"band":891,"rate":892,"note":893},"SGD 200,001 to SGD 240,000","19%","Tax on this band is SGD 7,600.",{"band":895,"rate":896,"note":897},"SGD 240,001 to SGD 280,000","19.5%","Tax on this band is SGD 7,800.",{"band":899,"rate":277,"note":900},"SGD 280,001 to SGD 320,000","Tax on this band is SGD 8,000.",{"band":902,"rate":903,"note":904},"SGD 320,001 to SGD 500,000","22%","Tax on this band is SGD 39,600.",{"band":906,"rate":907,"note":908},"SGD 500,001 to SGD 1,000,000","23%","Tax on this band is SGD 115,000.",{"band":910,"rate":777,"note":911},"Above SGD 1,000,000","Top resident marginal rate from YA 2024 onward.",[913,915,917,920,923,925],{"label":914,"value":790,"badge":186},"Resident income tax",{"label":916,"value":777},"Non-resident income tax",{"label":918,"value":919},"Employment concession","15% or resident rates",{"label":921,"value":922},"Foreign income","0% \u002F limited exceptions",{"label":924,"value":277},"CPF employee",{"label":926,"value":782},"CPF employer",[],[929,930,931],"Singapore does not have a personal wealth tax or a separate capital gains tax, but gains can still be taxable if they look like trading income rather than personal investment profit.","Payroll CPF is material for Singapore citizens and permanent residents, and the contribution rates for employees above 55 to 65 rise again from 1 January 2027.","Many taxpayers are under No-Filing Service or Direct Notice of Assessment in YA 2026, but you still need to file if your income thresholds or self-employment income require it.","AG1UWK8L_024Tp3XQn7JJSre632XujeObc9Cy7xbOdo",{"id":934,"title":935,"bestFor":936,"body":937,"country":38,"countryFacts":944,"countrySlug":39,"description":941,"excerpt":40,"extension":41,"faqs":945,"flag":62,"heroImage":40,"howItWorks":955,"lastUpdated":748,"meta":958,"metaDescription":959,"metaTitle":960,"navigation":68,"otherTaxes":961,"pageType":245,"path":969,"relatedFormations":970,"relatedGuides":972,"seo":973,"stem":974,"summaryCards":975,"taxBracketSections":987,"taxBrackets":988,"taxRates":989,"taxSlug":158,"taxType":89,"visas":1003,"watchOut":1004,"__hash__":1008},"taxes\u002Fcountry\u002Fsingapore\u002Fcorporate-tax.md","Corporate tax in Singapore",[723,483,397,316,566],{"type":17,"value":938,"toc":942},[939],[20,940,941],{},"Singapore corporate tax is competitive, but it is not just about the 17% headline. The real planning work is exemptions, GST, payroll, withholding tax and whether foreign income receipts or multinational top-up rules change the answer.",{"title":33,"searchDepth":34,"depth":34,"links":943},[],{"region":117,"currency":733,"taxTreaties":734,"euBlacklist":120,"fatfStatus":121},[946,949,952],{"question":947,"answer":948},"Does Singapore have corporate income tax?","Yes. Singapore taxes companies at a flat 17% rate, subject to the start-up exemption, partial tax exemption and any applicable rebates or incentives.",{"question":950,"answer":951},"Which businesses pay corporate tax in Singapore?","Singapore resident and non-resident companies carrying on business in Singapore are generally in scope. Foreign income received in Singapore can also be taxable unless an exemption applies.",{"question":953,"answer":954},"Is Singapore good for companies?","Often yes, especially for regional founders and holding structures. The main trade-offs are compliance, GST, CPF, withholding tax, substance and the fact that the headline 17% rate is real even if exemptions soften it.",[956,957],"Singapore companies are taxed at a flat 17% on chargeable income. The rate applies to both local and foreign companies, and foreign-sourced income received in Singapore can also be taxable unless an exemption applies.","The tax system includes a three-year start-up tax exemption for qualifying new companies, a partial tax exemption for others, and a Budget 2026 corporate income tax rebate for YA 2026. Singapore also applies GST at 9%, withholding tax on certain non-resident payments, CPF for Singapore citizen and permanent resident staff, and a domestic minimum top-up tax for in-scope multinational groups from financial years starting on or after 1 January 2025.",{},"Singapore corporate tax guide for companies and founders. See the 17% flat rate, start-up exemption, partial tax exemption, YA 2026 rebate, GST and top-up tax rules.","Singapore corporate tax: company tax rates and rules (2026)",[962,963,964,965,966,967,968],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":161,"slug":162,"icon":163},{"title":760,"slug":761,"icon":762},{"title":764,"slug":765,"icon":766},"\u002Fcountry\u002Fsingapore\u002Fcorporate-tax",[971],{"title":770,"path":771,"flag":62},[],{"title":935,"description":941},"country\u002Fsingapore\u002Fcorporate-tax",[976,977,981,985],{"label":89,"value":782,"note":783},{"label":978,"value":979,"note":980},"YA 2026 rebate","50%","Capped rebate on tax payable",{"label":982,"value":983,"note":984},"Startup exemption","Up to 75%","First 3 YAs for qualifying companies",{"label":797,"value":798,"note":986},"Registration from S$1m turnover",[],[],[990,993,996,999,1000,1001],{"label":991,"value":782,"badge":992},"Corporate income tax","Flat rate",{"label":994,"value":995},"Start-up exemption","Up to S$125,000",{"label":997,"value":998},"Partial exemption","Up to S$102,500",{"label":978,"value":979},{"label":797,"value":798},{"label":1002,"value":50},"Dividend withholding tax",[],[1005,1006,1007],"Singapore's 17% headline rate is only the starting point. Start-up exemption, partial exemption and the YA 2026 rebate can materially reduce the cash tax bill for qualifying companies; the combined rebate\u002Fcash-grant benefit is capped at S$40,000.","Companies need to model GST registration, ECI filing within 3 months of financial year end, the corporate tax return due date of 30 November, and withholding tax on certain cross-border payments.","Large multinational groups should check the domestic top-up tax rules effective for financial years starting on or after 1 January 2025.","APZxQb0SBQwnHrnuLD7r9xLxCN9x1mI2HHNgG6mSULU",{"id":1010,"title":1011,"bestFor":1012,"body":1015,"country":38,"countryFacts":1022,"countrySlug":39,"description":1019,"excerpt":40,"extension":41,"faqs":1023,"flag":62,"heroImage":40,"howItWorks":1033,"lastUpdated":748,"meta":1036,"metaDescription":1037,"metaTitle":1038,"navigation":68,"otherTaxes":1039,"pageType":245,"path":1047,"relatedFormations":1048,"relatedGuides":1050,"seo":1051,"stem":1052,"summaryCards":1053,"taxBracketSections":1063,"taxBrackets":1064,"taxRates":1065,"taxSlug":155,"taxType":92,"visas":1071,"watchOut":1072,"__hash__":1076},"taxes\u002Fcountry\u002Fsingapore\u002Fcapital-gains-tax.md","Capital gains tax in Singapore",[397,401,1013,566,1014],"Traders","Family offices",{"type":17,"value":1016,"toc":1020},[1017],[20,1018,1019],{},"Singapore generally does not tax personal capital gains. The main work is separating genuine investment gains from trading income and keeping enough records to prove the difference.",{"title":33,"searchDepth":34,"depth":34,"links":1021},[],{"region":117,"currency":733,"taxTreaties":734,"euBlacklist":120,"fatfStatus":121},[1024,1027,1030],{"question":1025,"answer":1026},"Does Singapore have capital gains tax?","No. Singapore does not levy a general capital gains tax on individuals.",{"question":1028,"answer":1029},"Are crypto gains taxed in Singapore?","Generally no, if the crypto is held as a personal investment. If the activity looks like trading or a business, the profits can become taxable income.",{"question":1031,"answer":1032},"Are property gains taxed in Singapore?","Generally not as capital gains. But if the activity is really property trading, the profits can be taxed as income, and there can still be stamp duty and property tax costs.",[1034,1035],"Singapore does not have a general capital gains tax regime. For individuals, gains from selling shares, financial instruments, property held as a personal investment and many crypto positions are generally not taxable as capital gains.","The important caveat is intention and trade. If buying and selling starts to look like a trading business, or if the gain is really part of ordinary business income, the same transaction can become taxable even though Singapore has no standalone CGT.",{},"Singapore capital gains tax guide for investors and crypto holders. See the 0% CGT position, property trading caveats and recordkeeping notes.","Singapore capital gains tax: shares, property and crypto gains (2026)",[1040,1041,1042,1043,1044,1045,1046],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},{"title":760,"slug":761,"icon":762},{"title":764,"slug":765,"icon":766},"\u002Fcountry\u002Fsingapore\u002Fcapital-gains-tax",[1049],{"title":770,"path":771,"flag":62},[],{"title":1011,"description":1019},"country\u002Fsingapore\u002Fcapital-gains-tax",[1054,1055,1058,1060],{"label":92,"value":50,"note":785},{"label":1056,"value":50,"note":1057},"Crypto gains tax","Personal investments",{"label":1059,"value":50,"note":1057},"Share gains tax",{"label":1061,"value":50,"note":1062},"Property gains tax","Trading profits can be taxable",[],[],[1066,1068,1069,1070],{"label":92,"value":50,"badge":1067},"Zero",{"label":1056,"value":50},{"label":1059,"value":50},{"label":1061,"value":50},[],[1073,1074,1075],"Singapore does not tax personal investment gains as capital gains, but gains from trading stock, property or tokens can still be taxed as income.","Property disposals may still involve stamp duty or property tax issues even when no capital gains tax is due.","Keep acquisition and disposal records. Banks, exchanges and foreign tax authorities may still ask for them.","I2Xr1rXvHsZHbm2xl0ZC778rZkNF9fGSkkbB6kJLYPI",{"id":1078,"title":1079,"bestFor":1080,"body":1081,"country":38,"countryFacts":1088,"countrySlug":39,"description":1085,"excerpt":40,"extension":41,"faqs":1089,"flag":62,"heroImage":40,"howItWorks":1099,"lastUpdated":748,"meta":1102,"metaDescription":1103,"metaTitle":1104,"navigation":68,"otherTaxes":1105,"pageType":245,"path":1113,"relatedFormations":1114,"relatedGuides":1116,"seo":1117,"stem":1118,"summaryCards":1119,"taxBracketSections":1131,"taxBrackets":1132,"taxRates":1133,"taxSlug":162,"taxType":161,"visas":1138,"watchOut":1139,"__hash__":1143},"taxes\u002Fcountry\u002Fsingapore\u002Fdividend-tax.md","Dividend tax in Singapore",[397,483,723,566,1014],{"type":17,"value":1082,"toc":1086},[1083],[20,1084,1085],{},"Singapore generally does not tax ordinary dividends at source. The useful questions are whether the dividend is really taxable income, whether foreign withholding applies first, and whether another country taxes the shareholder.",{"title":33,"searchDepth":34,"depth":34,"links":1087},[],{"region":117,"currency":733,"taxTreaties":734,"euBlacklist":120,"fatfStatus":121},[1090,1093,1096],{"question":1091,"answer":1092},"Does Singapore tax dividends?","Generally no. Ordinary dividends from Singapore resident companies are tax-exempt in shareholders' hands under the one-tier corporate tax system.",{"question":1094,"answer":1095},"Does Singapore have dividend withholding tax?","No. Singapore generally does not levy withholding tax on ordinary dividends.",{"question":1097,"answer":1098},"Are foreign dividends taxed in Singapore?","Generally not for resident individuals, except in some cases such as dividends received through a Singapore partnership. Source-country withholding tax and foreign residence tax can still apply.",[1100,1101],"Singapore does not generally impose dividend withholding tax. Ordinary dividends paid by a Singapore resident company under the one-tier corporate tax system are tax-exempt in the shareholder's hands, except for co-operatives and other specific cases.","Foreign dividends received in Singapore by resident individuals are generally not taxable, except where they are received through a Singapore partnership. REIT distributions can also have different treatment depending on how they are received. The real tax risk is usually source-country withholding tax, treaty paperwork and whether the dividend is really part of a taxable business or partnership flow.",{},"Singapore dividend tax guide for investors and founders. See the 0% dividend withholding tax position, domestic dividends and foreign dividend treatment.","Singapore dividend tax: withholding tax and company distributions (2026)",[1106,1107,1108,1109,1110,1111,1112],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":760,"slug":761,"icon":762},{"title":764,"slug":765,"icon":766},"\u002Fcountry\u002Fsingapore\u002Fdividend-tax",[1115],{"title":770,"path":771,"flag":62},[],{"title":1079,"description":1085},"country\u002Fsingapore\u002Fdividend-tax",[1120,1122,1125,1128],{"label":161,"value":50,"note":1121},"One-tier system",{"label":1123,"value":50,"note":1124},"Dividend WHT","No local withholding",{"label":536,"value":1126,"note":1127},"0% \u002F limited cases","Partnership exceptions",{"label":860,"value":1129,"note":1130},"No separate dividend tax","Report only if taxable",[],[],[1134,1135,1137],{"label":1002,"value":50,"badge":1067},{"label":1136,"value":50},"Domestic dividends",{"label":536,"value":1126},[],[1140,1141,1142],"Singapore dividend tax is usually a non-issue at source, but dividends from foreign companies can still suffer withholding tax before they reach Singapore.","Dividends are only part of the picture. If the shareholder is tax resident elsewhere, that country may still tax the dividend.","Keep dividend vouchers, board resolutions and company accounts in order, especially where the dividend supports bank compliance or cross-border treaty claims.","-oGCgphIF-0YVE-YxZmd92W3U9mEs9Mkd4M4DWHvGfA",{"id":1145,"title":1146,"bestFor":1147,"body":1148,"country":38,"countryFacts":1155,"countrySlug":39,"description":1152,"excerpt":40,"extension":41,"faqs":1156,"flag":62,"heroImage":40,"howItWorks":1166,"lastUpdated":748,"meta":1169,"metaDescription":1170,"metaTitle":1171,"navigation":68,"otherTaxes":1172,"pageType":245,"path":1180,"relatedFormations":1181,"relatedGuides":1183,"seo":1184,"stem":1185,"summaryCards":1186,"taxBracketSections":1197,"taxBrackets":1198,"taxRates":1199,"taxSlug":148,"taxType":147,"visas":1204,"watchOut":1205,"__hash__":1209},"taxes\u002Fcountry\u002Fsingapore\u002Fwealth-tax.md","Wealth tax in Singapore",[397,566,1014,401,723],{"type":17,"value":1149,"toc":1153},[1150],[20,1151,1152],{},"Singapore does not use a classic wealth tax model. It taxes income and transactions instead, so the main planning work is property tax, stamp duty, GST and ownership records rather than a yearly balance-sheet levy.",{"title":33,"searchDepth":34,"depth":34,"links":1154},[],{"region":117,"currency":733,"taxTreaties":734,"euBlacklist":120,"fatfStatus":121},[1157,1160,1163],{"question":1158,"answer":1159},"Does Singapore have a wealth tax?","No. Singapore does not levy a net wealth tax, net worth tax or annual tax on personal assets.",{"question":1161,"answer":1162},"Are foreign assets taxed in Singapore?","Not merely because a person owns them. Foreign assets are not subject to a Singapore wealth tax, but another country can still tax them if the owner is tax resident there.",{"question":1164,"answer":1165},"Is Singapore good for investors?","Often yes. Singapore has no wealth tax, no capital gains tax and no inheritance tax, but investors still need to plan for property tax, stamp duty, GST and cross-border tax exposure.",[1167,1168],"Singapore does not impose a recurring wealth tax on bank balances, securities, private company shares, crypto holdings or foreign assets held by individuals. That is why searches for Singapore wealth tax usually end with a zero-rate answer.","The real cost bucket is property and transactions. Singapore levies annual property tax, stamp duty on land and shares, GST at 9% on taxable supplies, and CPF or foreign worker levy costs can sit alongside the tax picture for owners and employers.",{},"Singapore wealth tax guide for investors and high earners. See the 0% net wealth tax position, foreign assets, property tax and GST caveats.","Singapore wealth tax: net worth and asset tax rules (2026)",[1173,1174,1175,1176,1177,1178,1179],{"title":143,"slug":144,"icon":145},{"title":151,"slug":152,"icon":153},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},{"title":760,"slug":761,"icon":762},{"title":764,"slug":765,"icon":766},"\u002Fcountry\u002Fsingapore\u002Fwealth-tax",[1182],{"title":770,"path":771,"flag":62},[],{"title":1146,"description":1152},"country\u002Fsingapore\u002Fwealth-tax",[1187,1188,1191,1194],{"label":147,"value":50,"note":780},{"label":1189,"value":50,"note":1190},"Net worth tax","No annual levy",{"label":1192,"value":50,"note":1193},"Asset tax","No broad asset tax",{"label":1195,"value":120,"note":1196},"Annual filing","No wealth return",[],[],[1200,1201,1202],{"label":604,"value":50,"badge":1067},{"label":1189,"value":50},{"label":1203,"value":50},"Annual asset tax",[],[1206,1207,1208],"No wealth tax does not mean no property tax. Owner-occupier residential property and non-owner-occupier property are taxed under separate annual property tax rules.","Singapore property tax and some GST rules changed in recent years, and 2026 still includes property tax rebates for some owner-occupied homes.","Banks and brokers can still ask for source-of-funds, tax residence and transaction records even though there is no wealth tax filing.","jpPWeS26Ad2Xck0kBPeLrbkcROjX0FAB2uSfFH82yKs",{"id":1211,"title":1212,"bestFor":1213,"body":1214,"country":38,"countryFacts":1221,"countrySlug":39,"description":1218,"excerpt":40,"extension":41,"faqs":1222,"flag":62,"heroImage":40,"howItWorks":1232,"lastUpdated":748,"meta":1235,"metaDescription":1236,"metaTitle":1237,"navigation":68,"otherTaxes":1238,"pageType":245,"path":1246,"relatedFormations":1247,"relatedGuides":1249,"seo":1250,"stem":1251,"summaryCards":1252,"taxBracketSections":1264,"taxBrackets":1265,"taxRates":1266,"taxSlug":152,"taxType":151,"visas":1271,"watchOut":1272,"__hash__":1276},"taxes\u002Fcountry\u002Fsingapore\u002Finheritance-tax.md","Inheritance tax in Singapore",[397,1014,566,209,723],{"type":17,"value":1215,"toc":1219},[1216],[20,1217,1218],{},"Singapore does not have a death tax. The practical work is estate administration and clean transfer paperwork, not an inheritance tax bill.",{"title":33,"searchDepth":34,"depth":34,"links":1220},[],{"region":117,"currency":733,"taxTreaties":734,"euBlacklist":120,"fatfStatus":121},[1223,1226,1229],{"question":1224,"answer":1225},"Does Singapore have inheritance tax?","No. Singapore does not impose a standalone inheritance tax or estate duty for deaths on or after 15 February 2008.",{"question":1227,"answer":1228},"Does Singapore have gift tax?","No. Singapore does not levy a general gift tax on ordinary lifetime transfers.",{"question":1230,"answer":1231},"Do expats still need succession planning in Singapore?","Yes. Wills, executors, nominations and asset records still matter for bank accounts, property and company holdings, even when there is no Singapore inheritance tax.",[1233,1234],"Singapore abolished estate duty for deaths occurring on or after 15 February 2008, so there is no standalone inheritance tax or estate tax on assets passing to heirs. Ordinary lifetime gifts are also not subject to a Singapore gift tax regime.","The issue is succession, not a death tax bill. Families still need to plan for wills, bank procedures, company share transfers, executor paperwork and whether other personal-law rules apply to the estate.",{},"Singapore inheritance tax guide for families and expats. See the 0% estate duty position, gift tax treatment and succession planning notes.","Singapore inheritance tax: estate and succession rules (2026)",[1239,1240,1241,1242,1243,1244,1245],{"title":143,"slug":144,"icon":145},{"title":147,"slug":148,"icon":149},{"title":92,"slug":155,"icon":156},{"title":89,"slug":158,"icon":159},{"title":161,"slug":162,"icon":163},{"title":760,"slug":761,"icon":762},{"title":764,"slug":765,"icon":766},"\u002Fcountry\u002Fsingapore\u002Finheritance-tax",[1248],{"title":770,"path":771,"flag":62},[],{"title":1212,"description":1218},"country\u002Fsingapore\u002Finheritance-tax",[1253,1255,1258,1261],{"label":151,"value":50,"note":1254},"Estate duty abolished",{"label":1256,"value":50,"note":1257},"Estate duty","No estate levy",{"label":1259,"value":50,"note":1260},"Gift tax","No gift tax",{"label":1262,"value":50,"note":1263},"Probate tax","No death tax",[],[],[1267,1268,1269,1270],{"label":151,"value":50,"badge":1067},{"label":1256,"value":50},{"label":1259,"value":50},{"label":1262,"value":50},[],[1273,1274,1275],"No inheritance tax does not remove the need for a will, especially where Singapore bank accounts, real estate or company shares are involved.","Estate duty was removed for deaths on and after 15 February 2008, so older references to Singapore death tax are outdated.","Foreign heirs may still face tax or reporting obligations in their own country even if Singapore charges no inheritance tax.","vmHQstoF1O4xmfC-Mc38DK_9isQOzkQaF3nzn4bsemU",1788594199162]