In 1998, the US Internal Revenue Service (IRS) issued new Non-Resident Alien (NRA) Tax Regulations pertaining to withholding procedures and information reporting requirements on payments made to non-US investors in US Securities. The implementation date for these Regulations is 1 January 2001.

The ABS FAQs is a collection of member banks' questions and the clarification received at the ABS Briefing on 16 November 2000.

For enquiries, please email ABS at  banks@abs.org.sg

To download the FAQs (in PDF format), click  here.

Last updated on 17 Oct 2016