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Singapore and Finland Enhance Tax Cooperation

16 Nov 2009

1. Singapore and Finland 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 16 November 2009.

2. Mr Peter Ong, Permanent Secretary of the Ministry of Finance, signed the protocol with Finland’s Ambassador to Singapore, Her Excellency Ms Satu Mattila, in Singapore.

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

16 NOVEMBER 2009