Income Tax Act |
Income Tax (Land Intensification Allowance) Regulations 2012 |
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Citation and commencement |
1. These Regulations may be cited as the Income Tax (Land Intensification Allowance) Regulations 2012 and shall be deemed to come into operation on 23rd February 2010. |
Prescribed intensified use of land for prescribed trade or business for pre‑25 March 2016 applications |
Prescribed intensified use of land for prescribed trade or business for post-25 March 2016 applications |
3.—(1) For the purposes of section 18C(2B)(b) of the Act, the construction or renovation of any building or structure on industrial land, port land or airport land promotes the intensified use of the land for a trade or business if, and only if, the gross plot ratio of the building or structure upon completion of the construction or renovation (called in this regulation as‑built gross plot ratio) —
[S 9/2017 wef 25/03/2016] |
Permanent Secretary (Finance) (Performance), Ministry of Finance, Singapore. |
[MF(R) R32.018.2968 Vol. 12; AG/LLRD/SL/134/2010/18 Vol. 1] |