Double Taxation Relief (Taxes on Income)

L.N. 257 of 2013

INCOME TAX ACT

(CAP. 123)

Double Taxation Relief (Taxes on Income)

(Republic of Singapore) (Amendment) Order, 2013

IN exercise of the powers conferred by article 76 of the

Income Tax Act, the Minister for Finance has made the following

order:-

The title of this order is the Double Taxation Relief (Taxes Citation.

on Income) (Republic of Singapore) (Amendment) Order, 2013 and

this order shall be read and construed as one with the Double Taxation S.L. 123.103

Relief (Taxes on Income) (Republic of Singapore) Order, hereinafter

referred to as "the principal order".

Artikolu 2

PROTOKOLL LI JEMENDA L-FTEHIM BEJN

IL-GVERN TA’ MALTA U

IL-GVERN TAR-REPUBBLIKA TA’ SINGAPORE

DWAR ĦELSIEN MINN TAXXA DOPPJA U

L-PREVENZJONI TA’ EVAŻJONI FISKALI

DWAR TAXXI FUQ L-INCOME, U L-PROTOKOLL,

IFFIRMAT F’SINGAPORE FIL-21 TA’ MARZU 2006

Il-Gvern ta’ Malta u l-Gvern tar-Repubblika ta’Singapore

Billi jixtiequ jemendaw il-Ftehim bejn il-Gvern ta’ Malta u l-Gvern tar-

Repubblika ta’ Singapore dwar ħelsien minn taxxa doppja u l-prevenzjoni ta’

evażjoni fiskali dwar taxxi fuq l-income, u l-Protokoll, iffirmat f ’Singapore fil-21

ta’ Marzu 2006 (hawn iżjed ‘l quddiem imsejjaħ il-Ftehim),

Ftehmu kif ġej

ARTIKOLU I

It-test tal-Artikolu 25 tal-Ftehim (Skambju ta’ Informazzjoni) għandu jiġi

mħassar u sostitwit b’dan li ġej

"1.

L-awtoritajiet kompetenti tal-Istati Kontraenti gћandhom

jiskambjaw dik l-informazzjoni li tista’ tkun prevista bћala rilevanti gћat-

twettiq ta’ dan il-Ftehim jew gћall-amministrazzjoni jew l-infurzar tal-

liġijiet domestiċi rigward taxxi ta’ kull tip u għamla imposti minn jew f’isem

l-Istati Kontraenti, jew is-sottodivizjonijiet politiċi jew awtoritajiet lokali

tagħhom, sakemm it-taxxa li taqa’ taћthom ma tmurx kontra l-Ftehim. L-

iskambju ta’ informazzjoni mhuwiex ristrett bl-Artikoli 1 u 2.

2. Kull informazzjoni li tiġi riċevuta taħt il-paragrafu 1 minn Stat

Kontraenti gћandha tiġi ittrattata bћala waћda sigrieta bl-istess mod bћal

informazzjoni li tinkiseb taħt il-liġijiet domestiċi ta’ dak l-Istat u għandha

tiġi żvelata biss lil persuni jew awtoritajiet (inklużi qrati u korpi

amministrattivi) li jkollhom x’jaqsmu mal-istima jew il-ġbir ta’, l-infurzar

jew prosekuzzjoni dwar, id-deċizjoni ta’ appelli dwar it-taxxi msemmija fil-

paragrafu 1, jew għat-tħaris ta’ dak ta’ hawn fuq. Dawk il-persuni jew

awtoritajiet gћandhom jużaw dik l-informazzjoni biss gћal dawk l-gћanijiet.

Huma jistgћu jiżvelaw l-informazzjoni fi proċeduri tal-qorti bil-miftuh jew

f’deċiżjonijiet ġudizzjarji.

It is hereby declared:-

Amendments to

have effect.

(a)

that the amendments to the principal order, as

specified in the Protocol set out in the Schedule to this order

(hereinafter referred to as "the Protocol"), have been made with

the Government of the Republic of Singapore;

(b)

that it is expedient that those amendments should

have effect;

that the Protocol shall enter into force on 28 th June

(c)

2013. SCHEDULE

Article 2

PROTOCOL AMENDING THE AGREEMENT BETWEEN

THE GOVERNMENT OF MALTA AND

THE GOVERNMENT OF THE REPUBLIC OF SINGAPORE

FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION

OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME, WITH

PROTOCOL,

SIGNED AT SINGAPORE ON 21 MARCH 2006

The Government of Malta and the Government of the Republic of Singapore

Desiring to amend the Agreement between the Government of Malta and the

Government of the Republic of Singapore for the avoidance of double taxation and

the prevention of fiscal evasion with respect to taxes on income, with Protocol,

signed at Singapore on 21 March 2006 (hereinafter referred to as "the

Agreement"),

Have agreed as follows

ARTICLE I

The text of Article 25 (Exchange of Information) of the Agreement is deleted

and replaced by the following

"1.

The competent authorities of the Contracting States shall

exchange such information as is foreseeably relevant for carrying out the

provisions of this Agreement or to the administration or enforcement of the

domestic laws concerning taxes of every kind and description imposed on

behalf of the Contracting States, or of their political subdivisions or local

authorities, insofar as the taxation thereunder is not contrary to the

Agreement. The exchange of information is not restricted by Articles 1 and

2.

2. Any information received under paragraph 1 by a Contracting

State shall be treated as secret in the same manner as information obtained

under the domestic laws of that State and shall be disclosed only to persons

or authorities (including courts and administrative bodies) concerned with

the assessment or collection of, the enforcement or prosecution in respect of,

the determination of appeals in relation to the taxes referred to in paragraph

1, or the oversight of the above. Such persons or authorities shall use the

information only for such purposes. They may disclose the information in

public court proceedings or in judicial decisions.

In no case shall the provisions of paragraphs 1 and 2 be

construed so as to impose on a Contracting State the obligation

(a) to carry out administrative measures at variance with the

laws and administrative practice of that or of the other Contracting

State;

(b) to supply information which is not obtainable under the

laws or in the normal course of the administration of that or of the other

Contracting State;

(c) to supply information which would disclose any trade,

business, industrial, commercial or professional secret or trade process,

or information, the disclosure of which would be contrary to public

policy (ordre public).

If information is requested by a Contracting State in accordance

with this Article, the other Contracting State shall use its information

gathering measures to obtain the requested information, even though that

other State may not need such information for its own tax purposes. The

obligation contained in the preceding sentence is subject to the limitations of

paragraph 3 but in no case shall such limitations be construed to permit a

Contracting State to decline to supply information solely because it has no

domestic interest in such information.

In no case shall the provisions of paragraph 3 be construed to

permit a Contracting State to decline to supply information solely because

the information is held by a bank, other financial institution, nominee or

person acting in an agency or a fiduciary capacity or because it relates to

ownership interests in a person.".

ARTICLE II

Each of the Contracting States shall notify the other, through diplomatic

channels, of the completion of the procedures required by their respective laws for

the bringing into force of this Protocol. The Protocol shall enter into force 30 days

after the date of the later of such notification.

ARTICLE III

This Protocol, which shall form an integral part of the Agreement, shall

remain in force as long as the Agreement remains in force and shall apply as long

as the Agreement itself is applicable.

IN WITNESS WHEREOF the undersigned, duly authorised thereto by their

respective Governments, have signed this Protocol.

DONE in duplicate at London on this 20 th day of November 2009, in the

English language.

For the Government of Malta

For the Government of

Joseph Zammit Tabona

The Republic of Singapore

Michael Eng Cheng Teo

€0.36