20 June 2016 Singapore/France revised income tax treaty enters into force The revised tax treaty (Revised Treaty) between Singapore and France entered into force on June 1. In addition to updates to the wording to reflect changes to the Organisation for Economic Co-operation and Development (OECD) Model Tax Convention, the highlights include an increase in the time threshold for the creation of a construction permanent establishment (PE), exemption or reduction of withholding tax on dividends and interest and introduction of a "main purpose test" general anti-abuse rule. A Tax Alert prepared by EY's Global Tax Desk Network, and attached below, provides additional details. Document ID: 2016-1066 |
