Singapore and Russia revise tax agreement, text available

Singapore and Russia have signed a protocol amending to their tax treaty, the Inland Revenue Authority of Singapore (IRAS) announced on November 19.

The protocol, signed November 17 in Moscow, extends the threshold period for determining the presence of a permanent establishment and lowers withholding tax rates for dividends, interest, and royalties, the IRAS said in a press release.

See:

• Protocol to Amend the Agreement Between the government of the Russian Federation and the government of the Republic Of Singapore for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect to Taxes on Income

• Release