Income Tax (Exemption of Royalties and Other Payments for Economic and Technological Development) Notification

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Not current version
(version history — see timeline)

Income Tax Act

(Chapter 134, Sections 13(4))

Income Tax (Exemption of Royalties and
Other Payments for Economic and
Technological Development) Notification

N 12

G.N. No. S 532/1997

REVISED EDITION 1998

(15th June 1998)

[12th December 1997]

Citation

1. This Notification may be cited as the Income Tax (Exemption of Royalties and Other Payments for Economic and Technological Development) Notification.

Exemption

2.—(1) There shall be exempt from tax any payment made to a person who is neither a resident of nor a permanent establishment in Singapore for the use of or the right to use any facility or equipment in a space satellite for any period from 11th July 1997 to 10th July 2007 (both dates inclusive).

(2) In sub-paragraph (1), “space satellite” means an apparatus placed in orbit relative to the earth for any economic, scientific or technological purpose.

[S 516/2009 wef 27/10/2009]

[G.N. No. S 523/1997]

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