Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 4) Notification 1998
Status:
Published in Subsidiary Legislation Supplement
on 06 Feb 1998
on 06 Feb 1998
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Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 4) Notification 1998
Status:
Published in Subsidiary Legislation Supplement on 06 Feb 1998
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No. S 54
| Income Tax Act |
(Chapter 134)
| Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No.4) 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) (No.4) Notification 1998. |
| Exemption |
| 2. There shall be exempt from tax withholding tax the interest payable by St. Johns Shipping Pte Ltd to The Nippon Credit Bank, Ltd. Japan, under the Loan Agreement dated 21st October 1996, from 31st January 1997 to 31st August 2001. |
Made this 3rd day of February 1998.
Permanent Secretary, Ministry of Finance, Singapore. |
| [MF(R)R32.12.06 Pt 26 Vol 3; AG/LEG/SL/134/97/3 Vol.1] |