The income tax treaty between Singapore and Turkmenistan entered into force on 30 April 2020. The treaty, signed 28 August 2019, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Singapore income tax and Turkmen tax on profits (income) of juridical persons and tax on income of individuals.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services within a Contracting Stat…