The Ministry of Finance (Singapore) is inviting feedback on the draft Income Tax (Amendment) (Exchange of Information) Bill for the duration between 29 June 2009 and 28 July 2009.
The Bill proposes changes to the Income Tax Act, and significant changes to the Goods and Services Act and Stamp Duties Act, to let Singapore go into Avoidance of Double Taxation Agreements (DTAs) that include the brand-new internationally agreed Standard on the exchange of information (EOI) for tax uses.
Read more on Ministry of Finance (Singapore) Inviting Feedback on Income Tax Bill.
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