On 18 December 2015, the income tax treaty between San Marino and Singapore entered into force. The treaty, signed 11 December 2013, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Singapore income tax, and covers San Marino general income tax on individuals, and on bodies corporate and proprietorships.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise of one Contracting State fur…