Income Tax Act |
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 12) Notification 1996 |
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1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 12) Notification 1996. |
2. There shall be exempt from withholding tax from 4th November 1995 to 4th November 1997 the interest payable by Fortune Link Navigation Pte Ltd to The Hongkong and Shanghai Banking Corporation Limited, Hong Kong, under the Loan Agreement dated 4th November 1995. |
Made this 24th day of September 1996.
Permanent Secretary, Ministry of Finance, Singapore. |
[[MF(R)R32.12.06 Pt. 25 Vol. 3; AG/SL/10/95(E)] |