Income Tax Act |
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) Notification 2005 |
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Citation and commencement |
1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) Notification 2005 and shall be deemed to have come into operation on 27th February 2004. |
Definitions |
2. In this Notification —
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Exemption |
3. There shall be exempt from tax any payment which a financial institution is liable to pay, from 27th February 2004 to 19th May 2007 (both dates inclusive), on over-the-counter financial derivatives to a person who is neither resident in Singapore nor a permanent establishment in Singapore, subject to —
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Made this 4th day of October 2005.
Permanent Secretary, Ministry of Finance, Singapore. |
[MF(R) R32.12.0006 Vol. 18; AG/LEG/SL/134/2005/8 Vol. 1] |