According to an update from the Inland Revenue Authority of Singapore, the income and capital tax treaty with Nigeria will enter into force 1 November 2018. The treaty, signed 2 August 2017, is the first of its kind between the two countries. Taxes Covered The treaty covers Nigerian personal income tax, companies income tax, petroleum profits tax, capital gains tax, tertiary education tax, and the information technology levy. It covers Singapore income tax. Permanent Establishment The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services within a Contracting State through employees or...