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.
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
4 March 2020, DTA Protocol with Ukraine Enters Into Force
30 April 2020, Tax Agreement with Turkmenistan Enters Into Force
28 August 2020, Entry Into Force of Reciprocal FATCA IGA with The United States of America
View past updates here.