Singapore: Protocol amending tax treaty with India | KPMG | GLOBAL
Share with your friends

Singapore: Protocol amending tax treaty with India

Singapore: Protocol amending tax treaty with India

Representatives of the governments of Singapore and India on 30 December 2016 singed a third Protocol to amend the existing Singapore-India income tax treaty.


Related content

The Protocol would shift from resident-based taxation to source-based tax treatment, and includes:

  • Measures concerning capital gains tax in India on the disposal of shares in an Indian company by a Singapore tax resident
  • A limitation on benefits (LOB) clause
  • An amendment to promote mutual agreement procedure (MAP) processes in transfer pricing cases
  • A treaty override provisionThe Protocol is subject to the respective ratification procedures in Singapore and India.


Read a January 2017 report [PDF 375 KB] prepared by the KPMG member firm in Singapore

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal