On 28 August 2018, a comprehensive Agreement for the Avoidance of Double Taxation (DTA) was signed between the Singapore and Gabonese Republic.

The DTA stipulates the taxing rights of both jurisdictions on all forms of income flows arising from cross-border business activities, and minimises the double taxation of such income. This will lower barriers to cross-border investment and boost trade and economic flows between the two jurisdictions.  The DTA will enter into force after its ratification by both jurisdictions.

The full text of the Singapore-Gabon DTA can be seen from the IRAS’s website.

Source: IRAS, 30 August 2018