Currency other than Singapore dollar to be used in certain circumstances |
Currency other than Singapore dollar to be used in certain circumstances |
62B.—(1) Where a person maintains his financial accounts in respect of any trade, business, profession or vocation carried on by him in a functional currency other than Singapore dollar in accordance with financial reporting standards in Singapore, the person who is required to furnish tax computations and particulars of income with a return of income made under section 62 or 71 shall furnish such computations and particulars of income denominated in that functional currency in the manner prescribed under this section. [49/2004]
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