Insight
Singapore’s capital gains tax
Capital gain refers to the fact that the price of assets sold is higher than the price of assets purchased, resulting in spread income, that is, asset appreciation. Capital gains tax is a tax levied on the profits from the sale of capital assets. Simply put, it is to tax the spread income earned by…
Read MoreThe country with the best security in the world
According to the “Rule of Law Index” survey conducted by an international organization, Singapore is rated as the country with the best public order and the third best cleanliness in the world among 128 countries and judicial systems in the world, ranking second only to Denmark and Norway. How did Singapore develop into “one of…
Read MoreThe VTL between Singapore and Malaysia
Since the outbreak of the CoronaVirus in December 2019, in order to prevent the spread of the epidemic in all countries, countries have closed their borders and customised a series of epidemic prevention measures to fight the epidemic. This year, because of the success of vaccine research, people all over the country have been widely…
Read MoreMalaysia’s overseas income tax is implemented, and the economy is declining? People affected?
Malaysian Finance Minister Tengku Zafrru announced that in 2022, a special income remittance programme (PKPP) will be launched, which will no longer be exempted from overseas income tax, and will be valid for six months from 1st January 2022 to 30th June 2022, with a tax rate of only 3%. If the company or individual…
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