F fz30_user Member May 5, 2006 377 0 16 Feb 18, 2008 #1 Hi Guys, I just started investing on the US Market (Nasdaq) last year and managed to get some profits thru shorting. Do I need to declare those profits as income to IRAS?
Hi Guys, I just started investing on the US Market (Nasdaq) last year and managed to get some profits thru shorting. Do I need to declare those profits as income to IRAS?
F fz30_user Member May 5, 2006 377 0 16 Feb 18, 2008 #3 sigg said: No need. Why do you want to declare? Click to expand... It's not that I want to declare.. But I don't to get chase by IRAS in the future in case I don't declare
sigg said: No need. Why do you want to declare? Click to expand... It's not that I want to declare.. But I don't to get chase by IRAS in the future in case I don't declare
chanxj New Member Sep 4, 2006 650 0 0 Singapore...... www.xjavprod.com Feb 18, 2008 #4 Shouldn't it be considered as capital gain which is not taxable?
N NitroTech New Member Apr 4, 2002 545 0 0 49 In Paradise Visit site Feb 19, 2008 #5 Nope, capital gains are NOT taxable....
F firelord New Member Jan 9, 2008 56 0 0 Feb 19, 2008 #6 All overseas investment are non-taxable... u can check with the government of singapore or MAS