The Competent Authority Agreement on Automatic Exchange of Information (2016) between Korea (Rep.) and Singapore entered into force on 27 February 2017. The agreement is expected to make sure Korea (Rep.) and Singapore will be able to begin from 2018, the automatic exchange of financial account information related to taxable periods or charges to taxes beginning on or after 1 January 2017 according to the OECD Automatic Exchange of Information Agreement (2014) (MCAA), on the basis of the Council of Europe – OECD Convention on Mutual Administrative Assistance in Tax Matters (1988), as amended by the 2010 protocol.
Related Posts

Singapore updates business expense deduction guidance, clarifies rules for Green Certificates, Green Credits
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on business expense deductions, clarifying
Read More
Singapore: IRAS issues ruling on property disposal gains
Inland Revenue Authority of Singapore (IRAS) issued Advance Ruling Summary No. 18/2026 on 1 October 2026, addressing
Read More
Singapore updates Pillar Two guidance outlining Side-by-Side package rules
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance page on the Global Anti-Base Erosion (GloBE)
Read More
Singapore, Kyrgyzstan sign income tax treaty
Singapore and Kyrgyzstan signed an income tax treaty on 12 October 2026, according to the Inland Revenue Authority of
Read More
Singapore adds Antigua and Barbuda to CbC report exchange list
Singapore’s Inland Revenue Authority of Singapore (IRAS) has expanded the list of jurisdictions with which it can
Read More
Singapore: IRAS issues advance ruling on intellectual property transfer within multinational group
The Inland Revenue Authority of Singapore (IRAS) has ruled in Advance Ruling Summary No. 17/2026 published on 1 October
Read More