How is the Singapore Non-Resident Withholding Tax calculated?

No action is required from you. We will automatically process the Singapore Non-Resident Withholding Tax as described.

Additional Information…

The Singapore Non-Resident Withholding tax applies to Interactive Brokers Singapore Pte. Ltd. (“IBSG”) customers who are treated as “non-residents” of Singapore for tax purposes. You are subject to this withholding tax if the country of tax residence on file for your account at IBSG is outside of Singapore…

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 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…