background image
5.6. Qualification of Specific Income Categories for Tax Purposes

Dividend

Dividend income includes dividends received, accrued or derived in/ from Brunei by a corporation.

Interest

Interest income includes income in connection with any loan or indebtedness. It also covers income from any arrangement, management, guarantee or service relating to any loan or indebtedness. Income derived from non-resident’s loans utilized in Brunei, is specifically chargeable to tax.

Royalty

Royalty includes a payment in lump sum or otherwise, for use of movable property including payment for the use of or the right to use scientific, technical, industrial or commercial knowledge or information.

Service Fees

Service fee includes payment for management services and technical services. Management service fee refers to payment for management or assistance in the management of any trade, business or profession.

Technical service fees refer to any payment for the rendering of assistance or services in connection with the application or use of scientific, technical, industrial or commercial knowledge or information.