Capital Gains Tax 2024 Calculator Singapore. While many countries have this tax, singapore stands out as it does not have a capital gains tax system. Currently, gains from the sale of foreign assets that are capital in nature are not subject to singapore tax.

February 26, 2024 · 4 min read · by azhann rosmin. Singapore’s zero capital gains tax policy has the aim of encouraging more entrepreneurial activity such as setting up businesses and boosting capital investment inflow into the country.