Korea (Rep.), Singapore Competent authority agreement on automatic exchange of information enters into force

02 March, 2017

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

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Singapore: Competent authority agreement on automatic exchange of information with Australia enters into force

28 February, 2017

The Competent Authority Agreements (CAA) agreements to exchange financial information for tax purposes under the Common Reporting Standard between Singapore and Australia entered into force on 27 February 2017. According to the agreement, the Inland

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Singapore: Competent authority agreement on automatic exchange of information with Latvia enters into force

28 February, 2017

The Competent Authority Agreements (CAA) agreements to exchange financial information for tax purposes under the Common Reporting Standard between Singapore and Latvia entered into force on 27 February 2017. According to the agreement, the Inland

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Malta, Singapore TIEA enters into force

09 February, 2017

On 31 January 2017, the Tax Information Exchange Agreement (TIEA) between Singapore and Malta was entered into force. This Agreement provides for the effective exchange of information regarding tax matters between the tax authorities including

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Singapore, UK TIEA enters into force

06 February, 2017

On 31 January 2017, the Tax Information Exchange Agreement (TIEA) between Singapore and United Kingdom was entered into force. This Agreement provides for the effective exchange of information regarding tax matters between the tax authorities

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Singapore, Ireland TIEA enters into force

06 February, 2017

On 31 January 2017, the Tax Information Exchange Agreement (TIEA) between Singapore and Ireland was entered into force. This Agreement provides for the effective exchange of information regarding tax matters between the tax authorities including

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TIEA between Singapore and Netherlands enters into force

05 February, 2017

Competent authority agreement on automatic exchange of information (TIEA) of 2016 between Netherlands and Singapore has been entered into force on 31st January 2017 regarding tax. The agreement is intended to ensure that Netherlands and Singapore

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TIEA between Singapore and Iceland enters into force

04 February, 2017

Competent authority agreement on automatic exchange of information (TIEA) of 2016 between Iceland - Singapore has been entered into force on 31st January 2017 regarding tax. The agreement is intended to ensure that Iceland and Singapore will be able

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TIEA between Singapore and Norway enters into force

04 February, 2017

Competent authority agreement on automatic exchange of information (TIEA) of 2016 between Norway and Singapore has been entered into force on 31st January 2017 regarding tax. The agreement is intended to ensure that Norway and Singapore will be able

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Singapore: IRS publishes Transfer pricing guidelines 2017

02 February, 2017

The Inland Revenue Authority of Singapore published the 4th version of transfer pricing guidelines on 12 January 2017, demonstrating compliance with international transfer pricing standards. The published guidelines explicitly refer to the Base

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Singapore: Detailed guidance on MAP for DTAs

19 January, 2017

The Inland Revenue Authority of Singapore introduced new guidance on the mutual agreement procedure (MAP) on 12 January 2017. The guidance has provided detail procedures for the MAP. According to new guidance, the MAP will be available to those

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Protocol to the treaty between India and Singapore signed

08 January, 2017

An amending protocol to the India - Singapore Income Tax Treaty (1994) was signed on 30 December 2016. The treaty already had been amended by the 2005 and 2011

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Singapore- Voluntary filing of CbC Reports for Singaporean tax resident MNE groups for fiscal year 2016

26 December, 2016

The Inland Revenue Authority of Singapore (IRAS) announced on 19 December 2016 that the voluntary filings for Singaporean multinational enterprise groups for financial year 2016 will be allowed and this follows the e-tax guide of the

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Singapore-signed competent authority agreement on automatic exchange of information with Ireland

21 December, 2016

The government of Singapore signed the Competent Authority Agreement on Automatic Exchange of Information (2016) with Ireland on 20 December 2016. The Agreement stipulates details about what information would be exchanged and when according to OECD

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Singapore-signed competent authority agreement on automatic exchange of information with Iceland

20 December, 2016

The government of Singapore signed the Competent Authority Agreement on Automatic Exchange of Information (2016) with Iceland on 13 December 2016. The Agreement stipulates details about what information would be exchanged and when according to OECD

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Malta, Singapore sign automatic exchange of information agreement

19 December, 2016

On 15 December 2016, the Malta and Singapore signed the Competent Authority Agreement on Automatic Exchange of

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South Africa-Singapore tax treaty (2015) entered into force

19 December, 2016

The Income Tax Treaty between South Africa and Singapore entered into force on 16 December 2016.  The treaty generally applies from 16 December 2016 for tax matters relating to the exchange of information and from 1 January 2017 for withholding and

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Uruguay- DTA with Singapore approved

18 December, 2016

The Parliament of Uruguay accepted the treaty with Singapore for the avoidance of double taxation on 24 November 2016 through Law No. 19,457. The treaty contains a provision on exchange of information which will enter into force within 15 days after

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