Income Tax Act |
Income Tax (Exemption of Voluntary Cash Contribution) (Prescribed Person) Regulations 2012 |
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Citation and commencement |
1. These Regulations may be cited as the Income Tax (Exemption of Voluntary Cash Contribution) (Prescribed Person) Regulations 2012 and shall be deemed to have come into operation on 1st January 2011. |
Prescribed person |
2. A person is one whose voluntary contribution in cash to the medisave account maintained under the Central Provident Fund Act (Cap. 36) of a self-employed individual is exempt from tax under section 13(1)(jc) of the Act if it is a company which has a contract (not being a contract of service) with the individual in force at the time of making the contribution which provides for —
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Permanent Secretary (Finance) (Performance), Ministry of Finance, Singapore. |
[R32.13.2572 V.3; AG/LLRD/SL/134/2010/22 Vol. 1] |