Dividends accrue in the year that they are declared payable.
Under the one-tier corporate tax system, shareholders will not be taxed on dividends paid on or after 1 Jan 2008 by a Singapore resident company.
Generally, the following dividends are not taxable:
The following dividends are subject to income tax:
You do not need to declare taxable dividends in your tax form if the organisation(s) indicates on the dividend voucher that they will provide the dividend information to IRAS.
Otherwise, you need to declare all taxable dividends in your income tax return under 'Other Income'.