Identify the dividend category
Singapore-resident company dividends under the one-tier system are generally not taxable, except co-operatives. Foreign dividends received by resident individuals are generally exempt except those received through a Singapore partnership, which may qualify under separate conditions. REIT distributions are generally not taxable for individuals except where received through a partnership or a REIT trade, business or profession.
Declaration timing
Taxable dividends belong to the year they are declared payable. Report them under “Other Income” unless the dividend voucher states that the company supplies the information to IRAS. Use the voucher to identify the treatment rather than assuming every distribution follows the one-tier exemption.
Official source
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