Singapore continually reviews its international tax policy to ensure its economy remains competitive. The policy aims to strengthen bilateral investment flows, thereby supporting 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.
10 December 2019, Singapore and Germany Sign Protocol Amending the Agreement for Avoidance of Double Taxation
17 December 2019, Entry Into Force of Updated Tax Agreement with The Republic of Korea
17 December 2019, Tax Agreement with Tunisia Enters Into Force
4 February 2020, Singapore and Indonesia Sign An Updated Avoidance of Double Taxation Agreement
6 February 2020, Entry Into Force of Tax Information Exchange Agreement with The United States of America
View past updates here.