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| *The Commerce Journal>>>Singapore Taxes |
Do I have to pay any tax when receiving a laptop (in Singapore) sent from USA via USPS?(send as a gift)? |
In a situation, one person in USA send two laptops to two different friends in Singapore as gifts. Do the receivers have to pay any tax? why spend money on a laptop when you can get it for free? just go to this site and complete a few quick tasks and they'll send you a sony vaio laptop at no charge! Your friend has to declare a value on the laptop. This is important for claims in case of non-delivery or due to damage during transit. Based on the value, GST will be levied. There is no GST if the value is low.. |
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| Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes India Taxes Germany Taxes Canada Taxes Australia Taxes |
| Related information |
i don't know...there's probably no extra tax and i think it's 6% in the U.S. ...depends on yr " tax bracket " go check it out ? ... You may visit Accounting and Corporate Regulatary (ACRA) website at acra.gov.sg for tax reference number of companies (Pte Ltd or Public Limted) registered in SIngapore. ...Yes most definately. Make sure you keep all receipts. ...number 3, and 4 ...Read this article about ur topic: Individual income tax in Singapore forms part of two main sources of Income tax, the other being corporate taxes on companies. Payable on an annual bases, it is... You should check with your company's HR department. I believe they can answer your question better. ...Yes, probably you should. As based on $250K per annum, your taxable income is as most $220K if no relief. You will have to pay big amount of income tax.... |
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