Wednesday, April 9, 2014

[Tax relief] Foreigner PMET having a whopping good time here...

[Tax relief] Foreigner PMET having a whopping good time here...
The Straits Times, Published on Apr 10, 2014: My Point
Query on tax relief for foreigners
I HEARD from a foreigner working here that he can claim qualifying child relief or handicapped child relief even though his children are not Singaporeans or Singapore permanent residents, and are not even staying here.
I was baffled as I thought the tax relief was only for children in Singapore.
If a foreigner can claim relief of $4,000 for each child not staying in Singapore,shouldn't a Singaporean be able to claim more, since his children are living here and expenses would be incurred in bringing them up here?

I hope the Inland Revenue Authority of Singapore can clarify the matter.
Ivan Goh
- See more at: http://www.straitstimes.com/premium/...point-20140410

Quote:
Originally Posted by Papsmearer
Singapore Cow:
(IMG URL)
You have 2 cows in a sleepy fishing village
The 2 cows produce more and more milk every year
Farmer Lee comes along and exhorts the cows to produce even more milk
Farmer Lee takes all the milk from the by now half dead cows
Farmer Lee abandons original exhausted cows and imports foreign cows for new milking.
Quote:
Originally Posted by blindswordsman
Re: source (SBY): What is the Singapore Cow?
Actually, the farmers squeezed the 2 cows for milk until they became rebellious and refused to be milked. How to get more milk? The farmer then got a brilliant idea. Why not bring in more foreign cows and feed them cheap weeds and get more milk. The rest is history.
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