Here are some references for Non Taxable Dividends if you are getting stuck.
Generally, the following dividends are not taxable:
- Dividends paid on or after 1 Jan 2008 by a Singapore resident company under the one-tier corporate tax system except co-operatives; (Singapore practices a single tier corporate income tax system Tax paid by a company on its income is the final tax and all dividends are exempt in the hands of shareholders from further taxation)
- Foreign dividends received in Singapore on or after 1 Jan 2004 by resident individuals. If an individual resident in Singapore receives foreign-sourced dividends through a partnership in Singapore, these dividends may be exempt from Singapore tax if certain conditions are met. For details, please refer to Tax Exemption for Foreign-Sourced Income;
- Income distribution from Real Estate Investment Trusts (REITs), except distributions derived by individuals through a partnership in Singapore, or from the carrying on of a trade, business or profession in REITs.
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