Singapore’s Minister for Foreign Affairs Mr. George Yeo signed the Agreement in Riyadh with Saudi Arabia’s Minister of Finance Dr. Ibrahim A. Al-Assaf.The new DTA is expected to further enhance the strong bilateral trade links by minimising the double taxation of income that may occur as a result of cross-border economic activities between the two countries.
Both Countries desire to conclude an Agreement for the avoidance of double taxation and the prevention of tax evasion with respect to taxes on income. Full Story
