Income Tax (Concessionary Rate of Tax for Approved Headquarters Company) (Amendment) Regulations 2006

Status:

Published in Subsidiary Legislation Supplement
on 21 Feb 2006

No. S 92

Income Tax Act

(Chapter 134)

Income Tax
(Concessionary Rate of Tax for Approved Headquarters Company) (Amendment) Regulations 2006

In exercise of the powers conferred by section 43E of the Income Tax Act, the Minister for Finance hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Income Tax (Concessionary Rate of Tax for Approved Headquarters Company) (Amendment) Regulations 2006 and shall be deemed to have come into operation on 30th January 2006.

Amendment of regulation 2

2. Regulation 2 of the Income Tax (Concessionary Rate of Tax for Approved Headquarters Company) Regulations (Rg 6) is amended —

(a)	by deleting the words “its issued share capital is” in paragraph (n)(i) of the definition of “qualifying services” and substituting the words “the total number of its issued shares are”;
(b)	by deleting the words “issued share capital” in paragraph (n)(iv) of the definition of “qualifying services” and substituting the words “total number of issued shares”; and
(c)	by deleting the words “its issued share capital” in paragraph (n)(v) of the definition of “qualifying services” and substituting the words “the total number of its issued shares”.

Amendment of regulation 5

3. Regulation 5 of the Income Tax (Concessionary Rate of Tax for Approved Headquarters Company) Regulations is amended by deleting the words “section 37 of” in paragraph (b).

[G.N. No. S 490/2003]

Made this 14th day of February 2006.

LIM SIONG GUAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[MF (R) R032.007.2605 V3; AG/LEG/SL/134/2005/9 Vol. 1]

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