19 January 2018 Singapore-Sri Lanka revised income tax treaty enters into force The revised tax treaty and protocol between Singapore and Sri Lanka (Revised Treaty) entered into force on December 31, 2017, replacing the tax treaty signed on May 29, 1979 (Old Treaty). Highlights of the Revised Treaty include the update of the permanent establishment provisions, reduction of the withholding tax rate on dividends and royalties, the introduction of a capital gains article, and removal of the limitation of relief clause. Document ID: 2018-0141 |
