Income Tax Act |
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) (No. 2) Notification 2003 |
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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) (No. 2) Notification 2003. |
Definitions |
2. In this Notification —
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Exemption in relation to loans |
Exemption in relation to bonds |
4.—(1) Subject to sub-paragraphs (2) and (3) and such conditions as may be imposed by the Minister, the interest that an approved headquarters company or a company with an approved Finance and Treasury Centre is liable to pay on or after 5 September 2000 on any bond, is exempt from tax if —
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Exemption in relation to securities lending or repurchase arrangement |
5.—(1) Subject to sub-paragraph (2) and such conditions as may be imposed by the Minister, there shall be exempt from tax the loan rebate fees and price differentials which an approved headquarters company or a company with an approved Finance and Treasury Centre is liable to pay —
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Amendment of Notifications |
6.—(1) Paragraph 4 of the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (Consolidation) Notification (N 5) is deleted, with effect from 5th September 2000.
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Permanent Secretary, Ministry of Finance, Singapore. |
[R32.16.60 Vol. 3; AG/LEG/SL/134/2002/11 Vol. 1] |