Income Tax Act |
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 1999 |
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Citation |
1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 1999. |
Exemption |
2. There shall be exempt from tax the interest payable by CMT Fortune Shipping Co. Pte. Ltd. to the following banks, under the Syndicated Term Loan Agreement dated 27th July 1998, from 7th August 1998 to 7th August 2008:
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Made this 21st day of January 1999.
Permanent Secretary, Ministry of Finance, Singapore. |
[MF(R)R32.12.06 Pt 26 Vol.4; AG/LEG/SL/134/97/3 Vol.1] |