Income Tax Act |
Income Tax (Income from Funds Managed for Foreign Investors) Regulations |
Rg 8 |
G.N. No. S 234/1988 |
REVISED EDITION 1990 |
(25th March 1992) |
[2nd September 1988] |
Citation |
1. These Regulations may be cited as the Income Tax (Income from Funds Managed for Foreign Investors) Regulations. |
Definitions |
2. In these Regulations —
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Exemption |
3. Subject to regulations 4 and 5, there shall be exempt from tax the specified income derived by a foreign investor —
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Exemption of income of headquarters company and Finance and Treasury Centre |
No deduction in respect of loss arising from designated investments |
4. Notwithstanding anything in these Regulations, no deduction shall be allowed under the Act to any associated company referred to in regulation 3A or any foreign investor in respect of any loss arising —
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