Maldives concludes first deliberations on Double Tax Avoidance Agreement with Singapore

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K. Male'

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14 Jul 2018 | Sat 14:30

The three-day session went on from 9th July until Thursday, 12th July

MIRA

Maldives - Singapore

Maldives concludes first deliberations on DTAA with Singapore

Director General of Taxation Hassan Zareer represented the Maldivian state

Chia-Tern Huey Min, the Deputy Commissioner of the Inland Revenue Authority of Singapore, headed a delegation of officials

Double taxation occurs in international trade when the same income is taxed in two different countries

Shan Anees

7,030

Maldives and Singapore have concluded the first set of deliberations on signing a Double Tax Avoidance Agreement (DTAA).

Director General of Taxation Hassan Zareer represented Maldives in the three-day session that went from the 9^th to the 12^th July. The Director General of Taxation is the chief of Maldives’ tax authority, the Maldives Inland Revenue Authority.

Chia-Tern Huey Min, the Deputy Commissioner of the Inland Revenue Authority of Singapore, headed a delegation of officials representing the state of Singapore.

Double taxation occurs in international trade when the same income is taxed in two different countries, at both the corporate level and personal level.