Income Tax Act |
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 11) Notification 1997 |
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Citation |
1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 11) Notification 1997. |
Exemption |
2. There shall be exempt from withholding tax the interest payable by Snow Shipping Pte Ltd to The Iyo Bank Ltd, Japan, under the Loan Agreement dated 14th March 1997, from 14th March 1997 to 14th March 2008. |
Made this 4th day of August 1997.
Second Permanent Secretary, Ministry of Finance, Singapore. |