Singapore Intern Taxation
This page gives us a picture about the tax handling of interns in Singapore.
|Internship Period||School / University from Singapore||Overseas School / University outside Singapore|
|Duration fewer than 60 days||There is no tax authorization obligatory and ultimately no tax is payable.||No tax approval compulsory and therefore no tax is payable.|
|Duration between 60 – 183 days||Tax approval is supposed to be done by employer. You must present NR-R form to get relaxation in taxes at lower residential rates.||Tax approval is needed to be done by the company. Your stipend is taxable only if the received amount is equivalent to normal salaries. 15% or a residential rate, whichever is higher applies.|
|Duration with more than 183 days||Tax authorization to be done by the company. The amount is taxable only when all the gross stipends are calculated to be more than S$22,000. Housing tax rates apply.||Tax authorization is supposed to be to be done by the company. The amount is taxable only when the received gross stipends are more than S$22,000. Residential tax rates apply.|
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