Income Tax Act
(CHAPTER 134, Section 49)
Income Tax (Singapore — People’s Republic of China) (Avoidance of Double Taxation Agreement) (Supplementary) Order 1996
O 24A
G.N. No. S 407/1996

REVISED EDITION 1997
(15th June 1997)
[6th September 1996]
It is hereby notified for general information that the Government of the Republic of Singapore and the Government of the People’s Republic of China have agreed to amend paragraph 3 of Article 2 and paragraph 4 of Article 24 of the Agreement between the Government of the Republic of Singapore and the Government of the People’s Republic of China for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income signed on 18th April 1986. The amendments are to reflect the changes in the tax laws of the People’s Republic of China which are covered by the Agreement and to provide for continuing the allowance of the tax sparing credit on income derived from the People’s Republic of China which has been exempted from People’s Republic of China tax or taxed at reduced rates under specified incentives set out in the Agreement.
The exchange of notes constituting the agreement for the amendments is set out in the Schedule to this Order.
[G.N. No. S 407/96]
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