Tax on discount at purchase.

Expatriate employees ceasing employment or leaving Singapore may be deemed to have exercised ESPP rights and be subject to taxation upon termination/leaving Singapore.

No tax on sale.

Allowed if treasury shares are used to settle awards and subsidiary reimburses parent under a written agreement, but limited to the amount that the parent paid to acquire the treasury shares minus the amount paid for the shares by the employee.

Income Tax:
Generally, no withholding (except for certain expatriates ceasing employment and/or leaving Singapore based on deemed equity income).

Reporting requirements apply.

Social Insurance Contributions:
Generally, no.

Generally, employee share plan exemption applies.

Certain subsidiary director reporting obligations apply.

None.

Plan and agreements should indicate plan is discretionary.

Written consent from employees for the transfer of data abroad is recommended.