• Singapore - Czech Republic
    Amending Protocol Enters Into Force

    23-09-2014

    The Amending Protocol to the existing Income Tax Treaty between Singapore and the Czech Republic entered into force on 12 September 2014 and its provisions will apply from 1 January 2015.

    The amending protocol lowers the royalty withholding tax rates as follows:

    • Royalties:
      • 0% on royalties received as a consideration for the use of, or the right to use any copyright of literary, artistic or scientific work except of computer software and including cinematograph films, and films or tapes for television or radio broadcasting.
      • 5% on royalties received as a consideration for the use of, or the right to use any industrial, commercial or scientific equipment.
      • 10% on royalties received as a consideration for the use of, or the right to use any patent, trade mark, design or model, plan, secret formula or process and computer software, or for information concerning industrial, commercial or scientific experience.
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