The Government of Jersey yesterday (17 October 2012) signed a Double Tax Agreement (DTA) with the Government of the Republic of Singapore at their High Commission in London. The agreement was signed for Jersey by Assistant Chief Minister, Senator Sir Philip Bailhache, and for Singapore by High Commissioner, HE Mr T Jasudasen.
Senator Bailhache said: “I am delighted to have signed this DTA with Singapore, an important financial centre with which Jersey has many interests in common. We see this agreement as being of major assistance to our financial services industry, and to business generally. It will help our people to take advantage of the many trading and investment opportunities that increasingly are to be found in the Far East, for which Singapore is an important gateway.”