Income Tax Act
(Chapter 134, Section 50A)
Income Tax (Unilateral Tax Credits) Regulations
Rg 5
REVISED EDITION 1998
(15th September 1998)
[18th July 1986]
Citation
1.  These Regulations may be cited as the Income Tax (Unilateral Tax Credits) Regulations and shall have effect for the year of assessment 1986 and subsequent years of assessment.
Tax credits
2.  Subject to regulation 3, tax credit under section 50 of the Act shall be given to any person resident in Singapore for tax payable under the law of any territory specified in the First Schedule in respect of income from such professional, consultancy and other services as are specified in the Second Schedule.
Application
3.  Regulation 2 shall apply only where the services are rendered in any of the territories specified in the First Schedule and where the Comptroller is satisfied that the income is derived, for the purposes of the Act, from that territory.