Regulation
Income Tax Act(Chapter 134, Section 49)Income Tax (Singapore — Denmark) (Avoidance of Double Taxation Convention) Order 1986O 10G.N. No. S 33/1986REVISED EDITION 1990(25th March 1992)[14th February 1986]WHEREAS it is provided by section 49 of the Income Tax Act that if the Minister by order declares that arrangements specified in the order have been made with the Government of any country outside Singapore with a view to affording relief from double taxation in relation to tax under the Act and any tax of a similar character imposed by the laws of that country, and that it is expedient that those arrangements should have effect, the arrangements shall have effect in relation to tax under the Act notwithstanding anything in any written law:AND WHEREAS by a Convention dated 7th March 1969 between the Government of the Republic of Singapore and the Government of the Kingdom of Denmark, arrangements were made amongst other things for the avoidance of double taxation:AND WHEREAS by a Convention dated 3rd February 1986 between the Government of the Republic of Singapore and the Government of the Kingdom of Denmark, the arrangements set out in the said Convention shall replace the arrangements set out in the Convention dated 7th March 1969:NOW, THEREFORE, it is hereby declared by the Minister for Finance —
that the arrangements specified in the Schedule have been made with the Government of the Kingdom of Denmark to replace the arrangements made under the Convention dated 7th March 1969 with effect from the year of assessment 1984; and
that it is expedient that the arrangements set out in the Schedule shall have effect for the year of assessment 1984 and subsequent years of assessment notwithstanding anything in any written law.[G.N. No. S 33/86]