Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 1998
Status:
Published in Subsidiary Legislation Supplement
on 09 Jan 1998
on 09 Jan 1998
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Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 1998
Status:
Published in Subsidiary Legislation Supplement on 09 Jan 1998
Search within Legislation
No. S 21
Income Tax Act |
(Chapter 134)
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 1998 |
|
Citation |
1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 1998. |
Exemption |
2. There shall be exempt from tax the interest payable under the US$1 billion Euro Medium Term Note Programme by Volvo Group Treasury Asia Ltd to any noteholder who is —
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Terms and conditions of exemption |
3. The exemption is subject to the terms and conditions specified in the Ministry of Finance’s letter of approval dated 22nd April 1997 and the Annexes thereto. |
Made this 30th day of December 1997.
Second Permanent Secretary, Ministry of Finance, Singapore. |
[MF(R)R32.12.016 Pt 2 Vol 7; AG/LEG/SL/134/97/3 Vol.1] |