Originally Posted by
Phaze
Doubt he cares. He lives in the US.
Oh, and they're both as useless as each other.
Will the IRS try to tax it?
The US tax bite is worse than in Singapore.
$1M in Singapore dollars (roughly US$750k) from the Singaporean government would be a welcome payment! However, US$750k doesn't go very far in Singapore. Real estate is very expensive. Car prices are crazy (think US$100k to US$200k for an ordinary car or cheaper BMW).