Income Tax Act |
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (Consolidation) Notification |
N 6 |
REVISED EDITION 1995 |
(1st April 1995) |
1. The indemnity payments payable by Neptune Orient Lines Limited pursuant to clause 10 of the following loan agreements shall be exempt from income tax from 15th September 1993 to 31st July 2000:
[S 32/94] [21.1.94] |
2. There shall be exempt from tax for a period of 5 years, with effect from 1st January 1992 —
[S 49/94] [4.2.94] |
3. [Deleted by S 499/2003 wef 05/09/2000] |
4. The interest payable and the swap payments made by Utara Shipping Pte. Ltd. under the following agreements shall be exempt from income tax from 29th October 1993 to 27th November 2000:
[S 482/98 wef 18/09/1998] [S 69/94] [25.2.94] |
5. The interest payable by Singapore Petroleum Company Limited to CBA International Finance Pty Limited, Australia, under the Facility Agreement dated 29th June 1994 shall be exempt from income tax from 30th June 1994 to 30th June 1997. [S 291/94] [8.7.94] |
6. The interest payable by Osprey Tankships Pte Ltd to Gannet Carriers Ltd, Liberia and Ryoshin International (Hong Kong) Limited, Hong Kong, under the Loan Agreement dated 9th March 1994 shall be exempt from income tax from 9th March 1994 to 31st July 1996. [S 318/94] [12.8.94] |
7. The interest payable by Ci Shipping Pte Ltd to Swedbank (Sparbanken Sverige AB), Sweden, under the Loan Agreement dated 10th May 1994 shall be exempt from income tax from 10th May 1994 to 29th November 1999. [S 403/94] [21.10.94] |
9.—(1) The interest payments made by Keppel Corporation Limited to Westpac Asian Lending Pty Limited, Australia, under the Loan Agreement dated 29th September 1994 shall be exempt from income tax from 29th September 1994 to 29th September 1999. [S 474/94] [16.12.94]
|