Income Tax (Concessionary Rate of Tax for Asian Currency Unit Income) Regulations
Table of Contents
1 Citation
2 Definitions
3 10% tax payable on income of Asian Currency Unit
4 Computation of income of approved Asian Currency Unit from managing funds of certain foreign investors
5 5% tax payable on incremental income derived by Asian Currency Unit from activities described in regulation 3
6 Tax exemption on income derived by Asian Currency Unit
7 5% tax payable on income derived by Asian Currency Unit approved as Approved Derivatives Trader
8 Application of regulation 3 (g ), (j), (l) and (y )
9 Application of regulation 3 (n), (o) and (u) to fees and commissions derived by Asian Currency Unit
10 Determination of income chargeable to tax
11 Determination of income exempted from tax
Legislative History