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New Tax Treaty between Singapore and Thailand Signed

|Treaty Development|Singapore-Thailand
Singapore-Thailand

On 11 June 2015, officials from Singapore and Thailand signed a new income tax treaty. Once in force and effective, the treaty will replace the 1975 income tax treaty between the two countries, which is currently in force.

Taxes Covered

The treaty covers Singapore income tax, and Thai income tax and petroleum income tax.

Service PE

The treaty includes the provision that a permanent establ…

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