Latvian Parliament Approves Protocol to Tax Treaty With Singapore

On 30 November 2017, the Latvian Parliament (Saeima) approved for ratification the pending protocol to the 1999 income tax treaty with Singapore. The protocol, signed 20 April 2017 ({News-2017-04-26/T/2-previous coverage}), is the first to amend the treaty. It will enter into force once the ratification instruments are exchanged and will generally apply in Latvia from 1 January of the year following its entry into force and in Singapore in respect of withholding taxes from 1 January of the ye…