Financial accounts covered by the arrangement
The Convention-based agreement identifies Irish territory with relevant exclusive-economic-zone and continental-shelf rights. Its account reporting concerns CRS tax residents and applicable passive-entity controlling persons, with holder identifiers, balances or account closure and relevant income. Singapore-resident institutions exclude overseas branches, while Singapore branches of foreign institutions fall within the Singapore definition. This arrangement exchanges account information; it does not establish Irish income-tax treatment of the underlying investments.
The original transition is limited
Annual exchanges cover 2017 onwards and are due within nine months after year-end when both countries have compatible reporting laws. Singapore’s custodial gross proceeds for Irish accounts start with 2018 information. Secure XML transmission is agreed between authorities, which notify each other of reporting failures and confidentiality breaches and take domestic remedial action. A current Singapore reporting institution follows IRAS filing deadlines and current reportable-jurisdiction lists rather than reusing the agreement’s historical transition as a continuing exemption.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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