No. S 85
Income Tax Act
Income Tax
(Exchange of Information Arrangement)
(United States of America) Order 2020
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) (United States of America) Order 2020 and comes into operation on 1 January 2021.
2.  In this Order, “Agreement” means the Agreement between the Republic of Singapore and the United States of America for the Exchange of Information relating to Taxes done at Singapore on 13 November 2018, set out in the Schedule.
Declaration of Exchange of Information Arrangement
3.  It is declared that —
(a)Singapore is a party to the Agreement, being a bilateral 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 mentioned in section 105BA(1) of the Act; and
(b)it is expedient that the arrangement should have effect.
Made on 24 January 2020.
Permanent Secretary,
Ministry of Finance,
[R045.003.0025.V2; AG/LEGIS/SL/134/2015/22 Vol. 9]