Singapore Launches Public Consultation on Automatic Exchange of Financial Account Information in Tax Matters
On 11 July 2016, Singapore's Ministry of Finance (MoF) published a public consultation on draft Income Tax (International Tax Compliance Agreements) (Common Reporting Standard) Regulations 2016, which provides for the implementation in Singapore of the OECD Common Reporting Standard for the automatic exchange of financial account information. Singapore has committed to begin automatic exchange …
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