A Second Protocol amending the standing Agreement for the avoidance of double taxation (DTA) between Singapore and the United Kingdom entered into force on 27 December 2012.

The Second Protocol revises certain terms in the current DTA between the two countries, such as updating Article 5 (Permanent Establishment) and lowering the withholding tax rates in Article 10 (Dividends), Article 11 (Interest) and Article 12 (Royalties). These changes will serve to enhance trade and investment flows between the two countries.

The full text of the Second Protocol is available here (PDF, 421KB)

Ministry of Finance