Singapore continuously reviews its international tax policy to ensure its economy remains a sustainable and attractive destination for businesses. Given its small domestic market, Singapore needs to support its home-grown businesses with relevant tools to venture into the larger international market. This enables Singapore-based businesses to expand overseas and reach out to a wider pool of international customers.
As a responsible international tax jurisdiction, Singapore also has in place an active policy of international tax co-operation to prevent and tackle cross border tax evasion.
Singapore’s international tax policy is conducted primarily through aspects of domestic law governing international taxation, avoidance of double taxation agreements and other agreements providing for international tax cooperation.
7 May 2018, Singapore and Brazil Sign Comprehensive Agreement For Avoidance of Double Taxation
12 Jun 2018, Singapore and Kenya Sign Agreement For Avoidance of Double Taxation
3 Aug 2018, Tax Agreements with Latvia and Nigeria to Enter Into Force
28 Aug 2018, Singapore and Gabon Sign Agreement for Avoidance of Double Taxation
16 Nov 2018, Singapore and The United States of America Signed Agreements for Exchange of Information
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