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The Republic of Singapore and the French Republic have entered into a tax Convention


				06.06.2016
						The Republic of Singapore has concluded the Convention for the avoidance of double taxation with the French Republic.

Under the Convention, a tax on the dividends source is reduced by 15 % for the both parties. In case dividends are payed in favor of a corporate shareholder who owns more than 10 % of corporate stock, the tax rate of the source reduces up to 5 %. The tax rate of the source on loan interest is set at the level of 10%.

The Convention also enables tax information exchange between the Republic of Singapore and the French Republic.

The Convention comes into force 1 January 2017.
    
Source:
https://www.iras.gov.sg/irashome/uploadedFiles/IRASHome/Quick_Links/Singapore-France%20DTA%20%28Rati...

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