Protocol to Tax Treaty between Germany and Singapore has Entered into Force
The Inland Revenue Authority of Singapore has announced the entry into force of the amending protocol to the 2004 income and capital tax treaty with Germany on 29 March 2021. Changes made by the protocol include the following:
- Article 5 (Permanent Establishment) is amended to extend the time period test after which a construction PE is deemed constituted from 6 months to 12 months;
- Article 10…