Foreigners/PRs withdrawing from Supplementary Retirement Scheme (SRS) Account

Withholding Tax for Non-Singaporean SRS Account Holders If a foreigner or Singapore Permanent Resident (SPR) has applied to withdraw from his SRS account, 50% or 100% of the withdrawn amount, depending on the type of the withdrawal will be subject to a withholding tax. Requirements for SRS Operators The SR

Withdrawal from SRS account by foreigner or SPR is subject to withholding tax.