Visa and Tax Declarations
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Witholding tax is not deducted by the receiving bank. Taxpayers must use personal income tax returns to declare any tax due.
Category: Visa and Tax Declarations
No. Although there has been speculation online about a potential two-year exemption, nothing has been confirmed by the Revenue Department or published in the Royal Gazette. As of now, no such exemption exists.
Categories: General Tax Queries Visa and Tax Declarations