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The full amount of the tax withheld will be directly remitted to the Inland Revenue Authority of Singapore (“IRAS”) by  Interactive Brokers Singapore Pte. Ltd. (“IBSG”).

Additional Information…

The Irish withholding tax will be charged in the currency that the interest is paid.

For Example…

The Singapore Non-Resident Withholding Tax will be withheld from each applicable interest payment at the time the payment is made to the customer.

Additional Information…

The Singapore Non-Resident Withholding Tax is applied to the gross amount of the credit interest and short credit interest payments made to your account at the current statutory rate of 15%.

Additional Information…