Income Tax Act |
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 15) Notification 1996 |
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1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 15) Notification 1996. |
2. There shall be exempt from tax interest received from notes issued under the US$100 million Italian Lire Short Term Floating Rate Note Programme of Cargill Asia Pacific Treasury Pte Ltd by —
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3. The tax exemption is subject to the terms and conditions specified in the Ministry of Finance’s letter of approval dated 16th October 1996. |
Made this 17th day of December 1996.
Permanent Secretary, Ministry of Finance, Singapore. |
[MF(R) R32.12.016 Pt. 2 Vol. 5; AG/SL/10/95(E)] |