Non-taxable Capital Gains from Sale of Properties, Shares and Financial Instruments
Parliament of Singapore · 14 November 2012
Official Report, 14 November 2012, Vol 89, Issue 11 · Open in the reader (summaries, search, filters)
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Mr Gerald Giam Yean Song asked the Deputy Prime Minister and Minister for Finance for each of the last five years, what is the total non-taxable capital gains from the sale of properties, shares and financial instruments that are reported to IRAS.
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Mr Tharman Shanmugaratnam: Singapore does not have a capital gains tax. Taxpayers are, therefore, not required to report their capital gains to the Inland Revenue Authority of Singapore (IRAS).
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Source: Singapore Parliament Official Report (Hansard) for 14 November 2012. Republished on SGParliament.