On 11 June 2015, officials from Singapore and Thailand signed a new income tax treaty. Once in force and effective, the treaty will replace the 1975 income tax treaty between the two countries, which is currently in force.
Taxes Covered
The treaty covers Singapore income tax, and Thai income tax and petroleum income tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted if an enterprise from one Contracting State furnishes services in…