On or about 30 May 2019, Singapore signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA) with the Hellenic Republic (“Greece”) for the elimination of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital.
This DTA is signed to enhance the cross-border trade and investment between both countries. It lowers the withholding tax rates on all forms of income flows arising from cross-border business activities, and stipulates the taxing rights of both jurisdictions to minimise double taxation.
The agreement is not yet ratified and does not have the force of law.
The full text of the tax agreement is available on the IRAS website.
Source: IRAS website, 30 May 2019