Singapore-Taipei 2026 Tax Agreement Enters Force: Lower Withholding Taxes

The new 2026 Tax Agreement between Singapore's Trade Office in Taipei and Taipei's Representative Office in Singapore replaces the 1982 pact, slashing withholding tax rates on cross-border income to boost trade and investment. Businesses engaging in bilateral activities will benefit from reduced tax leakage and simplified compliance. This development signals stronger economic ties amid evolving global tax landscapes.