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Singapore and Malta Enhance Tax Cooperation

22 Nov 2009

1. Singapore and Malta 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 20 November 2009.

2. The protocol was signed in London by both countries’ High Commissioners to London, His Excellency Mr Michael Teo for Singapore, and His Excellency Mr Joseph Zammit Tabona for Malta.

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
22 NOVEMBER 2009