For those considering moving to Singapore

Individuals who stay or work in Singapore for 183 days or more during a tax year are considered to have moved there and to be tax residents. The same applies to individuals who have a permanent place of residence in Singapore.

Individuals who have a continuous period of employment in Singapore lasting at least three years may be regarded as tax residents for all three years, even if they have spent fewer than 183 days in Singapore in the year of arrival or departure. Employees who have not spent 183 days or more in Singapore during the year of arrival, but who expect their employment in Singapore to exceed 183 days in the following year, may be treated as residents from the year of arrival onward.

Both resident and non-resident taxpayers are taxed on income sourced in Singapore, with certain types of investment income exempt. Income sourced outside Singapore is generally not subject to tax in Singapore, unless the income arises from a Singapore-related nexus or arrangement.

Singapore has a progressive tax system, with rates ranging rom 2 to 24%.

Singapore has restrictive tax credit rules and generally does not grant a tax credit for taxes paid abroad. Exceptions may apply under tax treaties, and the local tax authorities may grant exceptions in individual cases.

Any tax credit is, in any event, limited to the amount of Singapore tax payable on the same income.

Singapore does not levy wealth tax.

The tax year in Singapore corresponds with the calendar year.

The individual tax return in Singapore must be filed by 15 April of the year following the tax year, or by 18 April if filed electronically.

The name of the tax authority in Singapore is Inland Revenue Authority of Singapore (IRAS).

Singapore has tax treaties with approximately 90 countries, including Norway.

Singapore has property tax on all types of real estate, with progressive rates of up to 36%.