Aiya, you guys... give me headache man. Singaporeans are (including me) not constructive, go in circles?
Anyway, search the IRAS site also ended up in circles.
Go to their site here: iras.gov.sg/irasHome/page04.aspx?id=152
So this is what they say : First They say NO NEED PAY...
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Gains from sale of shares & financial instruments
Generally, profits or losses derived from the buying and selling of shares or other financial instruments on your own account are viewed as personal investments.
Capital gains are not subjected to tax. If you buy and sell shares or other financial instruments at a profit, the profit is not subjected to tax.
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Did you read that? "NOT SUBJECTED TO TAX"
Then after that... They say WE ARE WATCHING YOU...
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When is it taxable
To determine whether an individual is trading, factors such as the frequency and volume of transactions, the interval between the purchase and sale, and the manner of financing the purchase of shares, will be taken into consideration.
The three circumstances factors above alone do not determine whether the gains are taxable.
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Aiya, after reading the last statement multiple times, I feel it's hardly taxable because in the last sentence, they say even with these 3 reasons, they do not determine the gains are taxable. So that's alright.