Withholding tax is a tax on payments made to non-residents
including employees, business partners and overseas agents. Here is
a quick overview of withholding tax and how it affects your
What Is Withholding Tax?
- When you make payments of a specified nature to a
non-resident, you must withhold a certain percentage of that
payment as "withholding tax".
- The withholding tax must then be paid to the Inland Revenue
Authority of Singapore (IRAS).