On 8 June 2018, the Inland Revenue Authority of Singapore (IRAS) published the second edition of the e-Tax Guide on avoidance of double taxation agreements (DTAs). The purpose of the guide is to provide taxpayers with guidance on the interpretation and application of Singapore’s DTAs and the mutual agreement procedure (MAP). The update to the guide concerns some of Singapore’s older DTAs, where the term "profits of an enterprise" is defined to exclude income from management activities and/ or personal services, which would mean that the Business Profits article would not apply to such income as the Business Profits article...