Income Tax Act |
Income Tax (Exemption of Income of Foreign Account of Philanthropic Purpose Trust) (Amendment) Regulations 2020 |
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Citation and commencement |
1. These Regulations are the Income Tax (Exemption of Income of Foreign Account of Philanthropic Purpose Trust) (Amendment) Regulations 2020 and are deemed to have come into operation on 11 April 2016. |
Amendment of regulation 2 |
2. Regulation 2(1) of the Income Tax (Exemption of Income of Foreign Account of Philanthropic Purpose Trust) Regulations 2007 (G.N. No. S 692/2007) is amended by deleting the word “Non‑residents” in the definition of “designated investments” and substituting the words “Prescribed Persons”. |
Permanent Secretary, Ministry of Finance, Singapore. |
[R032.018.2928.V5; AG/LEGIS/SL/134/2015/64 Vol. 1] |