CLA Global TS Leadership Conferred as an Industry Fellow by Global Fintech Institute
CLA Global TS Group CEO & Chief Innovation Officer, Mr. Henry Tan, with Global Fintech Institute (GFI) Industry Fellows, along with representatives from the GFI and Guest of Honour, Mr. Seah Kian Peng, Speaker of the Parliament of Singapore. Singapore, 24 March 2025 – CLA Global TS proudly announces the conferment of its Group CEO […]
Valuing Intellectual Property Rights for Purposes of Claiming Writing-down Allowances
Overview of the Scheme for Writing-Down Allowances To enhance Singapore’s attractiveness as a location for businesses to hold and commercialise IPRs, companies can claim writing-down allowances (WDA) on capital expenditure incurred on or after 1 November 2023 to acquire qualifying intellectual property rights (IPRs) for use in their trade or business. The WDA scheme is […]
Johor-Singapore Special Economic Zone (JS-SEZ): Why Early Tax Planning Matters
Johor-Singapore Special Economic Zone (JS-SEZ): Why Early Tax Planning Matters With the Johor-Singapore Special Economic Zone (JS-SEZ) action plan expected to be finalised by Q3 2025, businesses that start planning now will be better positioned to optimise tax efficiencies, improve cash flow, and enhance operational flexibility. The SEZ is set to introduce a 5% corporate […]
Navigating the IPO Journey with Expert Advisory Services
Launching an Initial Public Offering (IPO) is a monumental decision for any company, marking the next crucial step in its growth and expansion. However, the journey of going public is complex and challenging, demanding careful planning and execution. IPO advisory services are indispensable in this journey, providing expert guidance and support at every stage, from […]
Global Investment and Taxation Strategies for Chinese Client 如何规划税务居民身份，避免全球征税？
中资客户全球投资与税务战略 – 如何规划税务居民身份，避免全球征税？ 新加坡公司的中国籍员工需在中国补缴个税？ 新加坡税务师解析跨境个税合规！ 近日，部分在新加坡工作的某互联网公司中国籍员工收到通知，需在中国补缴个人所得税，引发广泛关注。这一情况并非孤立个案，而是中国税务机关近年来加强跨境个税管理的具体体现。对于在新加坡工作的中国籍人士而言，这一事件释放了哪些信号？如何判断自身是否需要在中国缴税？应对策略是什么？本文将从专业角度深入解析。 📌 中国为何要求补缴个税？ 中国实行全球征税原则，即中国税务居民需要就其全球收入在中国缴纳个人所得税。根据《中华人民共和国个人所得税法》，若个人符合税务居民身份，则即使收入来源于海外，也需在中国申报个税。 哪些人可能被认定为中国税务居民？ 按照《个人所得税法》第1条及《财政部、税务总局关于个人所得税法实施有关问题的公告》（2019年第35号），下列情况之一的个人将被认定为中国税务居民: 在中国境内居住满183天（无须连续); 户籍在中国，或因家庭、经济利益关系主要在中国，即 使短期在海外工作，也可能被认定为税务居民。 重点 即使长期在新加坡工作，若未在中国取消户籍或仍有较强经济利益联系，可能仍被视为中国税务居民。这意味着中国税务机关可能要求对其新加坡工资进行申报和纳税。 📌 中国税务机关如何掌握纳税人信息？ 近年来，中国税务机关加强了对跨境收入的监管，主要通过以下途径获取信息： CRS（共同申报标准）信息交换：全球金融机构需向税务机关报告非本国税务居民的账户信息，中国与新加坡均已加入CRS，中国税务局可获取在新加坡的金融账户信息。 企业财务与社保合规调查：大型跨国公司通常需向中国税务机关报告境外雇员薪资结构。 个税申报数据对比：如果员工未在中国申报全球收入，而又有社保、房产、银行流水等记录，税务机关可通过数据比对发现漏报情况。 📌 新加坡员工如何判断自身纳税义务？ ✅ 确认个人税务居民 新加坡税务局（IRAS）主要依据居住天数来判定个人的税务居民身份： 满足183天规则 若个人在一个纳税年度内（1月1日-12月31日）在新加坡居住183天或以上，则被认定为新加坡税务居民。 连续3年规则 如果个人在连续3年内都有停留新加坡，即使第一年或第三年单独计算不满183天，该3年内都可被视为新加坡税务居民。 连续2年规则（适用于外派员工） 若个人受雇于新加坡，并且在连续2年内都在新加坡工作，即使每年的停留时间不足183天，仍可被视为新加坡税务居民。 ✅ 评估是否适用中新税收协定（DTA): 根据《中国-新加坡税收协定》，若个人已被新加坡认定为税务居民，且在新加坡缴纳了个人所得税，可尝试通过 “税收协定优惠” 避免双重征税。但需要向中国税务机关提交税务居民证明（由IRAS开具）。 📌 遇到税务居民身份冲突怎么办？ 根据税收协定的规定，税务居民身份的认定取决于一个人在某一国家的纳税义务，通常基于住所、居所、管理地、注册地或其他类似标准。这一原则决定了个人或企业在不同国家的纳税义务范围，避免双重征税或税务套利的可能性。 如果一个人根据两国国内法的规定同时被认定为两国税务居民（即符合两国的税收居民标准），则需根据税收协定的 “个人税务居民归属”规则（即税收协定的双重居民归属判定标准）进行进一步判断和确定其唯一税务居民身份，避免双重征税。 📌 企业及个人应如何应对？ 提议的项目将根据以下要求进行评估：包括对本地业务支出、固定资产投资和就业的承诺、能力的开发和深化、产能的创建、资源效率的提升，以及对经济的乘数效应，例如与其他私营或公共部门参与者的合作。 个人层面： 确认自身税务居民身份，判断是否需在中国补缴个税； 若有补税义务，尽早主动申报，减少滞纳金和罚款风险； […]
Singapore Budget 2025 Commentary
Singapore, 20 February 2025 – Singapore stands at a pivotal juncture as it approaches its Diamond Jubilee – a complex economic landscape shaped by both global uncertainties and domestic priorities. With that backdrop in mind, Prime Minister and Finance Minister Lawrence Wong, in his inaugural budget presentation on 18 February 2025, addressed the nation’s immediate […]
CLA Global TS Announces the Admission of Assurance Principal Tan Da Xun
Singapore, 3 February 2025 – CLA Global TS announces the expansion of its leadership team with the appointment of Assurance Principal, Tan Da Xun. Da Xun brings over 17 years of extensive audit experience across a wide range of industries, with a particular emphasis on financial services, including commodities and investment funds. His expertise also […]
CLA Global TS Recognised for its Commitment to Fair Wages and Workforce Development
Singapore, 31 January 2025 – CLA Global TS is pleased to share its recent accreditation with the Progressive Wage Mark (PW Mark) for paying progressive wages to uplift lower-wage workers. This achievement is a testament to its ongoing commitment to offering fair wages and creating a fair environment for its people. Administered by the Singapore […]
Approved Pension / Provident Funds under Section 5 of the Singapore Income Tax Act
Approved Pension / Provident Funds under Section 5 of the Singapore Income Tax Act This scheme was introduced back in 1994 as a means to supplement the Central Provident Fund (CPF) system and to provide financial support to employees in the event of a retirement, retrenchment or redundancy. More than 3 decades have passed since […]
Withdrawal of Concessionary Tax Treatment of Employer’s Contributions to Overseas Pension / Provident Fund Contributions With Effect from Year of Assessment (YA) 2025
Employer’s Contributions to Overseas Pension / Provident Fund of Foreign Employees Employed in Singapore It is common for employers in Singapore to continue contributing to the overseas pensions or provident funds of foreign employees while they are on international assignments. This is to ensure, amongst others, the continuity in their retirement benefit accumulation in their […]