Income Tax (Exemption of Foreign Income) (No. 2) Order 2013

Status:

Published in Subsidiary Legislation Supplement
on 29 Jan 2013

No. S 40

Income Tax Act

(CHAPTER 134)

Income Tax
(Exemption of Foreign Income) (No. 2)
Order 2013

In exercise of the powers conferred by section 13(12) of the Income Tax Act, the Minister for Finance hereby makes the following Order:

Citation

1. This Order may be cited as the Income Tax (Exemption of Foreign Income) (No. 2) Order 2013.

Exemption

2.—(1) Medi-Flex Limited is hereby granted exemption from tax on the dividends received in Singapore on or after 21st December 2011 from Flexitech Sdn Bhd, a company located in Malaysia.

(2) The exemption under sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 10th January 2013 addressed to the tax agent of Medi-Flex Limited.

Made this 22nd day of January 2013.

LIM SOO HOON

Permanent Secretary
(Finance) (Performance),
Ministry of Finance,
Singapore.

[MF(R)32.16.56 V52; AG/LLRD/SL/134/2010/4 Vol. 2]

Search within Legislation