Press Releases

1.         Singapore and Japan signed a protocol to incorporate the new internationally agreed Standard for the exchange of information for tax purposes upon request in their standing Agreement for the Avoidance of Double Taxation (“DTA”) on 4 February 2010.

2.         The protocol was signed in Singapore by Mr. Moses Lee, Commissioner of Inland Revenue, and His Excellency Mr. Makoto Yamanaka, Japan’s Ambassador to Singapore.

3.         The full text of the protocol will be made available on the Inland Revenue Authority of Singapore’s (IRAS) website at http://www.iras.gov.sg. The protocol will enter into force after its ratification by both countries.

MINISTRY OF FINANCE
4 FEBRUARY 2010