The Income Tax Amendment Bill 2017 Approved in Singapore

October 26,2017

The Tax Amendment Bill was approved at the beginning of October, allowing for the implementation of a series of income tax changes. The modifications brought to the current corporate income…

Non-Oil Export Growth in Singapore

September 26,2017

Singapore recorded a significant growth in non-oil exports in July. These types of exports had an increase of up to 8.5%, on a year-on-year basis. The shipments made to some…

A Bright Future for Singapore's Electronic Sector

September 23,2017

Singapore’s electronics sector is one of the key pieces of the city’s economic success.

Singapore and India Amended the DTA

September 22,2017

Singapore and India have signed a new Protocol to amend the existing Double Tax Treaty (DTA). The Protocol was signed following a meeting between Singapore’s High Commissioner to India and…

New Double Tax Treaty between Singapore and Nigeria

August 17,2017

Singapore and Nigeria signed a double tax treaty at the beginning of August. This is the first treaty of this type with Nigeria, and Singapore has already signed bilateral investment…

The Productivity and Innovation Credit Scheme

July 20,2017

Singapore offers a number of incentives and grants to companies. The productivity and innovation credit scheme is an example of such an initiative to encourage businesses to invest in…

Singapore and China to Conclude a Free Trade Agreement

July 07,2017

Chinese and Singapore officials have agreed to speed up the conclusion of the Regional Comprehensive Economic Partnership (RCEP).

Amendment to the Singapore-Latvia Double Tax Treaty

May 03,2017
Singapore and Latvia have agreed on an amendment to the double tax treaty already in force between them. According to the new Protocol, the withholding tax on royalties would be…

New Double Tax Treaty Between Singapore and Ghana

April 14,2017
Singapore and Ghana have signed a Convention for the avoidance of double taxation at the end of March. This allows for reduced withholding tax rates and establishes a single point…

Reduced Stamp Duty Tax on Speculative Property Investment in Singapore

March 24,2017
Singapore reduced the stamp duty tax rates imposed on those properties which were being sold a short time after they were purchased. Investors who are interested in real estate transactions…