Under Singapore law, a
person (known as the Payer) who makes payment(s) of a specified nature (e.g.
Royalty, Interest, Technical Service Fee, etc.) to a non-resident company or
individual (known as Payee) is required to withhold a
percentage of that payment and pay the amount withheld(called 'Withholding
Tax') to IRAS.
This calculator is designed to help payers determine whether
Withholding Tax is applicable when making payment to a non-resident.
Please download the relevant tax calculator as follow:
If you are unable to use the
macro-enabled calculators due to the macros in the file, please follow the
steps below :
a. Open the macro file and go to the “File” tab
b. Select “Options” > “Customize
Ribbon”
c. Under the “Main Tabs”
column on the right, check on the box “Developer” and click “OK”
d. Go to the “Developer”
tab and select “Macro Security”
e. Check the button
“Enable all macros” and click “OK”
f. Save and close the
file
g. Reopen the file