Income Tax (AT Holdings Pte. Ltd. — Section 13(12) Exemption) Order 2024

Status:

Current version
as at 21 Nov 2024

No. S 846

Income Tax Act 1947

Income Tax
(AT Holdings Pte. Ltd. — Section 13(12)
Exemption) Order 2024

In exercise of the powers conferred by section 13(12) of the Income Tax Act 1947, the Minister for Finance makes the following Order:

Citation

1. This Order is the Income Tax (AT Holdings Pte. Ltd. — Section 13(12) Exemption) Order 2024.

Exemption

2.—(1) Distribution income described in sub‑paragraph (2) that is received in Singapore by AT Holdings Pte. Ltd. (a company incorporated in Singapore) on or after 29 July 2024 from AT Holdings ‑ Europe Coöperatieve U.A. (a cooperative incorporated in the Netherlands), is exempt from tax.

(2) Sub‑paragraph (1) applies to income received by AT Holdings ‑ Europe Coöperatieve U.A. that is in turn derived from the profits of any of the following:

(a)	Wiebenga Consultants B.V. (a company incorporated in the Netherlands);
(b)	3W Real Estate B.V. (a company incorporated in the Netherlands);
(c)	3W Consultancy B.V. (a company incorporated in the Netherlands);
(d)	Breda Office Investment I Coöperatief U.A. (a cooperative incorporated in the Netherlands);
(e)	Penelope Office Investments B.V. (a company incorporated in the Netherlands);
(f)	Dionysos Office Investments B.V. (a company incorporated in the Netherlands);
(g)	Bajes Kwartier Ontwikkeling H C.V. (a limited partnership registered or formed in the Netherlands);
(h)	Bajes Kwartier Ontwikkeling D C.V. (a limited partnership registered or formed in the Netherlands);
(i)	Bajes Kwartier ESCO Holding B.V. (a company incorporated in the Netherlands);
(j)	A3 Twee B.V. (a company incorporated in the Netherlands);
(k)	Sterpassage Rijswijk I C.V. (a limited partnership registered or formed in the Netherlands);
(l)	Sterpassage Rijswijk Beheer II C.V. (a limited partnership registered or formed in the Netherlands);
(m)	Sterpassage Rijswijk Beheer III C.V. (a limited partnership registered or formed in the Netherlands);
(n)	Sterpassage Rijswijk Beheer IV C.V. (a limited partnership registered or formed in the Netherlands);
(o)	SAS CHARENTON‑BERCY (a company incorporated in France);
(p)	FETEASCA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ (a company incorporated in Poland).

(3) The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter from the Ministry of Finance dated 29 July 2024 and addressed to AT Holdings Pte. Ltd.

Made on 26 October 2024.

LAI CHUNG HAN

Permanent Secretary (Development),
Ministry of Finance,
Singapore.

[AG/LEGIS/SL/134/2020/23]

Search within Legislation