I am planning to move to singapore (i have permanent residence) . their tax department says all income earned from foreign source is non-taxable, however subject to following condition,
Service income refers to income from professional, technical, consultancy or other services provided by a person in the course of its trade, profession or business. Service income received from overseas will be considered as Singapore-sourced if it is not rendered through a fixed place of operation in the foreign jurisdiction and if one is carrying on a trade, business or profession of providing such a service in Singapore. Such income is taxable in Singapore.
My income comes from affiliate commission, do I fall under "Services" or "Technical services"? I am having a hard time understanding this.
When i called them i got different answers each time which confuses me even more. Any help is appreciated
Service income refers to income from professional, technical, consultancy or other services provided by a person in the course of its trade, profession or business. Service income received from overseas will be considered as Singapore-sourced if it is not rendered through a fixed place of operation in the foreign jurisdiction and if one is carrying on a trade, business or profession of providing such a service in Singapore. Such income is taxable in Singapore.
My income comes from affiliate commission, do I fall under "Services" or "Technical services"? I am having a hard time understanding this.
When i called them i got different answers each time which confuses me even more. Any help is appreciated