List of Countries with Double Taxation Agreement with Singapore

Juli 05, 2023 Allgemein 0

As a global business hub, Singapore has crafted double taxation agreements (DTAs) with various countries worldwide to avoid double taxation of income and to encourage cross-border trade. Double taxation is a situation in which two countries charge taxes on the same income, leading to a higher tax burden on the taxpayer. Singapore`s DTA network protects businesses and investors in Singapore from such scenarios and fosters economic growth.

Here is a list of countries that Singapore has signed DTAs with, as of May 2021:

1. Australia

2. Austria

3. Bahrain

4. Bangladesh

5. Belarus

6. Belgium

7. Brunei

8. Bulgaria

9. Canada

10. Chile

11. China

12. Cyprus

13. Czech Republic

14. Denmark

15. Ecuador

16. Egypt

17. Estonia

18. Fiji

19. Finland

20. France

21. Georgia

22. Germany

23. Ghana

24. Greece

25. Guernsey

26. Hong Kong

27. Hungary

28. Iceland

29. India

30. Indonesia

31. Ireland

32. Israel

33. Italy

34. Japan

35. Jersey

36. Kazakhstan

37. Korea

38. Kuwait

39. Laos

40. Latvia

41. Liechtenstein

42. Lithuania

43. Luxembourg

44. Malaysia

45. Malta

46. Mauritius

47. Mexico

48. Moldova

49. Mongolia

50. Morocco

51. Myanmar

52. Nepal

53. Netherlands

54. New Zealand

55. Norway

56. Oman

57. Pakistan

58. Panama

59. Papua New Guinea

60. Peru

61. Philippines

62. Poland

63. Portugal

64. Qatar

65. Romania

66. Russia

67. Saudi Arabia

68. Serbia

69. Seychelles

70. Slovakia

71. Slovenia

72. South Africa

73. Spain

74. Sri Lanka

75. Sweden

76. Switzerland

77. Taiwan

78. Tanzania

79. Thailand

80. Tunisia

81. Turkey

82. Turkmenistan

83. Ukraine

84. United Arab Emirates

85. United Kingdom

86. United States

87. Uzbekistan

88. Venezuela

89. Vietnam

90. Zambia

It is important to note that the DTA treaties vary from country to country, and the tax rates and clauses may differ. Therefore, it is crucial to seek professional advice for specific tax matters related to your respective country.

In summary, Singapore has established DTAs with a wide range of countries, which benefit individuals and businesses involved in international trade and investments. The Singapore government seeks to continue expanding its DTA network to support future growth and economic prosperity.

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