The government of Singapore has announced that amendments made to the Singapore-Luxembourg tax treaty as a result of the two countries’ ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) entered into effect on August 1.
The effects of the MLI on the Singapore-Luxembourg tax treaty are set out in an Annex to the treaty published by the Singapore government.
Singapore ratified the MLI on December 21, 2018. The Singapore-Luxemboug tax treaty was signed October 9, 2013, and entered into force on December 28, 2015.
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