The Inland Revenue Authority of Singapore (IRAS) has released revised guidance on payments liable to withholding tax on 25 April 2025.
The guidance outlines the types of payments subject to withholding tax when made to non-resident companies:
- Interest, commissions or fees in connection with any loan or indebtedness
- Royalties or other payments for the use of or the right to use any movable property
- Payments for the use of or the right to use scientific, technical, industrial or commercial knowledge or information or for the rendering of assistance or service in connection with the application or use of such knowledge or information
- Payments of management fees
- Rent or other payments for the use of any movable property
- Payments for the purchase of real property from a non-resident property trade
- Payments made from structured products (other than payments which qualify for tax exemption
- under Section 13(1)(zj) of the Income Tax Act 1947)
- Distributions from a real estate investment trust (REIT)
