Does Singapore have capital gains tax?

No. Singapore does not impose any capital gains tax. Profits from selling shares, property, cryptocurrency, or other capital assets are generally not taxable. This has been Singapore's policy since 1978.

When does IRAS tax investment gains as ordinary income?

IRAS looks at the totality of circumstances to determine whether gains are capital (not taxable) or income (taxable). Indicators of a taxable trading business include: high transaction frequency, short holding periods, using borrowed money to fund purchases, hedging activity, and whether trading is the taxpayer's primary occupation. No single factor is decisive.

What is Buyer's Stamp Duty (BSD) in Singapore?

BSD applies to all property purchases. For residential property acquired after 15 Feb 2023, the rates are: 1% on the first S$180,000; 2% on the next S$180,000; 3% on the next S$640,000; 4% on the next S$500,000; 5% on the next S$1,500,000; and 6% on the remainder. Lower commercial rates apply to non-residential property.

What is Additional Buyer's Stamp Duty (ABSD)?

ABSD is an extra stamp duty on residential property purchases, introduced to moderate demand. Singapore citizens pay 0% on their first home, 20% on the second, and 30% on the third and beyond. Singapore PRs pay 5% on the first and 30% on subsequent purchases. Foreigners pay 60% on any purchase (as of 27 Apr 2023).

Is there Seller's Stamp Duty (SSD) on property?

SSD applies to residential properties sold within 3 years of purchase: 12% if sold in the first year, 8% in the second year, and 4% in the third year. No SSD applies from the fourth year onwards. This tool does not calculate SSD but you should factor it in when buying to flip quickly.

Are cryptocurrency gains taxable in Singapore?

Generally no, if you hold crypto as a capital investment. However, if you trade crypto as a business activity (frequent buys/sells for profit), IRAS may treat the gains as taxable income. The same "capital vs. income" analysis applies as for shares.

Singapore Capital Gains Tax Calculator

Name: Singapore Capital Gains Tax Calculator
Availability: InStock
Author: Nham Vu

Singapore imposes no capital gains tax — this tool explains the rules, calculates property stamp duty, and estimates tax when frequent trading income is reclassified.

What do you want to calculate?

CGT Rules Summary Understand when gains are taxable in Singapore Property Stamp Duty Calculate BSD + ABSD for a property purchase Trading Income Tax Estimate income tax if IRAS reclassifies gains

Singapore Has No Capital Gains Tax

Profits from selling shares, property, or other assets are generally not taxable in Singapore. This policy has been in place since 1978.

Capital Gains Tax Rate

Since 1978

Policy in place

IRAS

Tax Authority

Generally Not Taxable

Selling shares held as long-term investments
Selling a residential property (capital asset)
Selling cryptocurrency held as an investment
Foreign-sourced capital gains remitted to Singapore
Gains from fixed deposits and bonds held to maturity

May Be Reclassified as Income

Frequent, systematic share trading (high volume)
Short holding periods with leveraged borrowing
Property flipping as a primary occupation
Crypto trading activity run as a business
Using sophisticated hedging strategies on positions

How IRAS Determines Capital vs. Income

IRAS weighs the "badges of trade" holistically. No single factor is decisive, but the more that apply, the greater the risk of reclassification.

Frequency

How often you buy and sell — more transactions suggest a trading business.

Holding period

Very short holds (days or weeks) point toward a trading intent.

Financing

Borrowing to fund purchases signals a profit motive beyond passive investment.

Repetition

Repeated similar transactions over time indicate a systematic pattern.

Primary occupation

If trading is your main job or generates most of your income, IRAS takes note.

Organisation

Dedicated staff, offices, or trading infrastructure all indicate a business.

This is a general summary only. IRAS guidance: e-Tax Guide on Ascertainment of Income from the Sale of Investments. Consult a registered Singapore tax advisor for personal advice.

Property Details

Property Purchase Price

Property Type

Buyer Profile

Residential Properties Owned After This Purchase

Count all residential properties you will own globally after this purchase.

Fill in the details and click Calculate Stamp Duty

Your Income

Trading / Reclassified Gains

Total gains IRAS treats as ordinary income for the year.

Other Chargeable Income

Salary, rental, and other taxable income before trading gains.

Enter your income and click Calculate Income Tax

Income Tax Summary

Tax on Gains

S$0

Effective Rate

Net Gains

S$0

2024 IRAS Personal Tax Brackets

Chargeable Income	Rate	Tax on Slice

Calculation Breakdown

Estimate only — 2024 IRAS resident individual rates. Excludes CPF relief, NSman reliefs, earned income relief, donations, and other personal reliefs. Consult IRAS or a tax professional for accurate assessment.

Summary