| Concessionary rate of tax |
| Concessionary rate of tax |
4.—(1) Tax at the rate of 5% is levied and must be paid for each year of assessment on the income of a qualifying company that has been approved for that rate from the carrying on of any of the following activities or services that has been specified for the company by the Minister or appointed person:
[S 853/2021 wef 08/11/2021] |