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Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
Revised Double Tax Agreement (DTA) between Singapore and Luxembourg
A double tax agreement (DTA) stipulates the cooperation of two countries for reporting requirements upon its citizens of any tax obligations payable for profits earned by an individual or company.
Singapore and Luxembourg on the 9thof October 2013 have signed a revised DTA which includes the international agreed standard for exchange of information for tax purposes. The main benefit of DTA’s between two countries is to enhance trade and investment flows between the two countries engaged.
Other changes of the DTA include lower withholding tax rates for dividends, interest and royalties.
For double taxation agreements to work and develop between two countries there must be a sound cooperation between the parties involved.
Singapore and Luxembourg have lengthened the period tests for determining permanent establishment. The revised DTA will also provide a more favorable tax treatment for international transport and shipping income.
This reconfirms the sound cooperation between the two countries and companies involved are encouraged to enhance trade between the two countries as the test period is promising for permanence.
For the revised DTA please see click here