Income Tax (Exchange of Information Arrangement) Order 2016

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No. S 34

Income Tax Act

(CHAPTER 134)

Income Tax (Exchange of Information
Arrangement) Order 2016

In exercise of the powers conferred by section 105BA of the Income Tax Act, the Minister for Finance makes the following Order:

Citation and commencement

1. This Order is the Income Tax (Exchange of Information Arrangement) Order 2016 and comes into operation on 1 May 2016.

Definition

2. In this Order, “Convention” —

(a)	means the Convention on Mutual Administrative Assistance in Tax Matters done at Strasbourg on 25 January 1988, as amended by the Protocol amending the Convention done at Paris on 27 May 2010, together with the declarations, set out in Part 1 of the Schedule; and
(b)	includes the reservations set out in Part 2 of the Schedule.

Declaration of Exchange of Information Arrangement

3. It is declared that —

(a)	Singapore is a party to the Convention, being a multilateral arrangement the purpose or one of the purposes of which is the exchange of information concerning the tax positions of persons, and accordingly an arrangement referred to in section 105BA(1) of the Act; and
(b)	it is expedient that the arrangement should have effect.

Made on 21 January 2016.

LIM SOO HOON

Permanent Secretary
(Finance) (Performance),
Ministry of Finance,
Singapore.

[R045.003.0024.V3; AG/LEGIS/SL/134/2015/11 Vol. 1]

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