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From: Sng Hui Ying Research Assistant to Professor Lim Chong Yah
I refer to the Ministry of Finance's (MOF) letter "27% of foreigners pay income taxes" (June 22).
I was interested to find out the percentage of foreign workers here who pay income taxes.
As there was no readily available data, I derived the percentage from two sources.
The denominator, which is the size of the non-resident labour force, was obtained from published statistics from the Manpower Ministry.
Last year, the total labour force was 3,237,100 and the resident labour force, which refers to citizens and permanent residents, was 2,080,100. The difference, 1,157,000, was my derived size of the non-resident labour force.
The numerator was obtained from the Inland Revenue Authority of Singapore's annual report. According to the table in Appendix 5, the number of non-resident taxpayers was 19,724.
I divided the numerator by the denominator and got 1.7 per cent.
I thank the MOF for pointing out that the "non-resident" numerator component is not the same as the "non-resident" denominator component.
I am glad it has brought out the difference in definition, and I have drawn Professor Lim Chong Yah's attention to the discrepancy.
We are, however, still curious to know what percentage of the estimated 900,000 work permit holders here, which account for 75 per cent of the non-resident labour force, pays income taxes. All of us, outside the MOF, can only hazard a guess.
- http://www.todayonline.com/Voices/EDC120625-0000026/How-many-work-permit-holders-pay-income-tax?
I refer to the Ministry of Finance's (MOF) letter "27% of foreigners pay income taxes" (June 22).
I was interested to find out the percentage of foreign workers here who pay income taxes.
As there was no readily available data, I derived the percentage from two sources.
The denominator, which is the size of the non-resident labour force, was obtained from published statistics from the Manpower Ministry.
Last year, the total labour force was 3,237,100 and the resident labour force, which refers to citizens and permanent residents, was 2,080,100. The difference, 1,157,000, was my derived size of the non-resident labour force.
The numerator was obtained from the Inland Revenue Authority of Singapore's annual report. According to the table in Appendix 5, the number of non-resident taxpayers was 19,724.
I divided the numerator by the denominator and got 1.7 per cent.
I thank the MOF for pointing out that the "non-resident" numerator component is not the same as the "non-resident" denominator component.
I am glad it has brought out the difference in definition, and I have drawn Professor Lim Chong Yah's attention to the discrepancy.
We are, however, still curious to know what percentage of the estimated 900,000 work permit holders here, which account for 75 per cent of the non-resident labour force, pays income taxes. All of us, outside the MOF, can only hazard a guess.
- http://www.todayonline.com/Voices/EDC120625-0000026/How-many-work-permit-holders-pay-income-tax?