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Tax Treaty between Singapore and Turkmenistan Signed

|Treaty Development|Singapore-Turkmenistan
Singapore-Turkmenistan

On 28 August 2019, officials from Singapore and Turkmenistan signed an income tax treaty. The treaty is the first of its kind between the two countries.

Taxes Covered

The treaty covers Singapore income tax and Turkmen tax on profits (income) of juridical persons and tax on income of individuals.

Service PE

The treaty includes the provision that a permanent establishment will be deemed con…

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