Details of the income tax treaty and protocol between Singapore and Switzerland, signed on 24 February 2011, have become available. The treaty was concluded in the German and English languages, each text having equal authenticity. The treaty generally follows the OECD Model Convention. The maximum rates of withholding tax are: -   15% on dividends (5% if the beneficial owner is a company that holds directly at least 10% of the capital of the company paying the dividend); -   5% on interest, subject to exceptions; and -   5% on royalties. Deviations from the OECD Model include: -  ...