Singapore and Denmark Sign Agreement to Enhance Cooperation in Exchange of Information for Tax Matters
25 Aug 2009Singapore and Denmark signed a protocol amending their standing Agreement for the avoidance of double taxation ("DTA") today.
2 The signing took place in Singapore between Commissioner of Inland Revenue, Mr Moses Lee, and Denmark's Ambassador to Singapore, Her Excellency Vibeke Rovsing Lauritzen.
3 This is the fourth agreement Singapore has signed that incorporates the internationally agreed Standard for the exchange of information upon request for tax purposes.
4 The full text of the protocol will be made available on the Inland Revenue Authority of Singapore's (IRAS) website at www.iras.gov.sg. The protocol will enter into force after Singapore's legislative amendments to give effect to the internationally agreed Standard have been approved by Parliament and gazetted into law, and the ratification procedures have been completed by both countries.
MINISTRY OF FINANCE