Income Tax Act |
Income Tax (Exemption of Foreign Income) Order 2007 |
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Citation |
1. This Order may be cited as the Income Tax (Exemption of Foreign Income) Order 2007. |
Exemption |
2. United International Securities Ltd is hereby granted exemption from tax on the dividends received in Singapore from its subsidiaries in Korea (Daewoo Shipbuilding & Marine Engineering Co Ltd, KT&G Corporation) and Indonesia (P.T. Astra International Tbk, P.T. Telekomunikasi Indonesia Tbk), subject to the terms and conditions specified in the letter of approval dated 5th January 2007 addressed to the company. |
Permanent Secretary, Ministry of Finance, Singapore. |
[MF(R)32.16.056 V36; AG/LEG/SL/134/2005/6 Vol. 1] |