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Trade and services regulations in Luxembourg
If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:
If you were living in Iceland before 1 January 2021
Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.
UK sanctions guidance for Uzbek businesses
Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.
Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
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