MikeDirnt78
High Supremacy Member
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- Jun 16, 2002
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That's why I suggested a deferral capital gain taxes.
You don't need to pay taxes as long as you maintain your PR. Can also apply to citizens. If citizens or PR terminate their statuses, then they need to pay those deferred taxes.
The objective is you want citizens and PR to continue living here in Singapore. And not milking this country dry and end up retiring else where.
Anyway, all these are discussions and proposals only.
You don't need to pay taxes as long as you maintain your PR. Can also apply to citizens. If citizens or PR terminate their statuses, then they need to pay those deferred taxes.
The objective is you want citizens and PR to continue living here in Singapore. And not milking this country dry and end up retiring else where.
Anyway, all these are discussions and proposals only.