Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 14) Notification 1997
Status:
Published in Subsidiary Legislation Supplement
on 07 Nov 1997
on 07 Nov 1997
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Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 14) Notification 1997
Status:
Published in Subsidiary Legislation Supplement on 07 Nov 1997
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No. S 492
| Income Tax Act |
(Chapter 134)
| Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 14) Notification 1997 |
|
| Citation |
| 1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 14) Notification 1997. |
| Exemption |
| 2. There shall be exempt from withholding tax the interest payable by Hung Fu Shipping (Singapore) Pte Ltd to Gemini Line Shipping S.A., Panama, under the Loan Agreement dated 16th May 1997, from 16th May 1997 to 18th January 2001. |
Permanent Secretary, Ministry of Finance, Singapore. |
| [MF(R)R32.12.06 Pt. 26 Vol. 3; AG/LEG/SL/134/97/3 Vol. 1] |