{"id":1389,"date":"2019-11-27T17:03:08","date_gmt":"2019-11-27T09:03:08","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1389"},"modified":"2020-01-22T17:13:08","modified_gmt":"2020-01-22T09:13:08","slug":"withholding-tax-2","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2019\/11\/27\/withholding-tax-2\/","title":{"rendered":"Withholding Tax, content updated"},"content":{"rendered":"\n<p>On or about 27 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated information on Filing  and Paying Withholding Tax. <\/p>\n\n\n\n<p>Under the current tax law, a person who makes payment(s) of a specified nature to a <strong>non-resident company or individual<\/strong> is required to withhold a percentage of that payment and pay the amount withheld (called &#8216;Withholding Tax&#8217;) to IRAS. The payment(s) of a specific nature include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Payments for Services, Interest, Royalty, Rental of Movable Properties,\netc.&nbsp;<\/li><li>Payments to Non-Resident Directors, Professionals, Public Entertainers\n&amp; International Market Agents<\/li><li>Foreigners\/PRs\nWithdrawing from Supplementary Retirement Scheme (SRS) Account<\/li><li>Distribution\nof Real Estate Investment Trust (REITs)<\/li><\/ul>\n\n\n\n<p>The Payer must e-file and pay the withholding tax to IRAS by the 15<sup>th<\/sup> of the second month from the date of payment to the non-resident.<\/p>\n\n\n\n<p>The IRAS has updated with the following information: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Filing and Paying Withholding Tax<\/li><li>When to File and Pay Withholding Tax to IRAS<\/li><li>How to e-File<\/li><li>Claiming Relief\/Exemption under the Avoidance of Double Taxation Agreement<\/li><li>How to Pay Tax<\/li><li>Confirmation of Payment (CP)<\/li><li>Late Payment or Non-Payment of Taxes<\/li><li>Tax Refund.<\/li><\/ul>\n\n\n\n<p>The IRAS  has also detailed information on Correcting Errors made in Sec 45  Withholding Tax Form and Voluntary Disclosure of Errors for Reduced  Penalties.<\/p>\n\n\n\n<p>Source: IRAS website, 27 November 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 27 November 2019, the Inland Revenue Authority of Singapore (IRAS) has updated information on Filing and Paying Withholding Tax. Under the current tax law, a person who makes payment(s) of a specified nature to a non-resident company or individual is required to withhold a percentage of that payment and pay the amount [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,6],"tags":[],"class_list":["post-1389","post","type-post","status-publish","format-standard","hentry","category-incometax","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=1389"}],"version-history":[{"count":2,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1389\/revisions"}],"predecessor-version":[{"id":1391,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1389\/revisions\/1391"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1389"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}