The development of international trade and multinationals has increased the need to address the issue of double taxation. As a company or person looking for business and investment opportunities beyond your own country, you would obviously be concerned about the issue of taxation, especially if you might have to pay taxes on the same income twice in the host country and in your home country. Therefore, you are trying to structure your business in order to optimize your tax position and thus reduce costs, which would increase your global competitiveness. This is where the relevance of Singapore`s DTAs or tax agreements comes in. The provisions of the Treaty are generally reciprocal (applicable to the two contracting countries) and are not discriminatory, i.e.: You would not be in a worse tax situation than if you were a taxpayer in the country of taxation. .