Liechtenstein has approved a tax treaty and protocol with Singapore. The treaty was signed on June 27th 2013, and includes the following withholding rates:

• Dividends - 0%
• Interest - 12%
• Royalties - 8%

The protocol clarifies the term statutory body, and establishes rules for requesting information.

The treaty will apply in Liechtenstein from January 1st of the year following the exchange of ratif…