No Tax from Forex Income

Gains from sale of shares & financial instruments

Generally, profits or losses derived from the buying and selling of shares or other financial instruments are viewed as personal investments.

These profits are capital gains and are not taxable.

You need not report such gains in your tax return.

Straight from IRAS at  http://www.iras.gov.sg/irasHome/page04.aspx?id=3556

HUAT AH!

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