Singapore legislation
Section 19E
of Economic Expansion Incentives (Relief from Income Tax) Act
Section 19E
Deduction of losses
Amended by22/87
The Minister may, in relation to post-pioneer companies, by regulations provide for —
(a)
the manner in which expenses, capital allowances and donations allowable under the Income Tax Act are to be deducted; and
(b)
the deduction of capital allowances and of losses otherwise than in accordance with sections 23 and 37(2) of the Income Tax Act.