Singapore legislation
Section 34
of Economic Expansion Incentives (Relief from Income Tax) Act
Section 34
Application of Part XVI of Income Tax Act
(1)
Part XVI of the Income Tax Act (Cap. 134) (relating to returns of income) shall apply in all respects as if the whole of the income of an export enterprise in respect of its export profits were chargeable to tax.
(2)
The annual return of income shall be accompanied by a separate export statement showing the quantity and value at f.o.b. prices of its export product or export produce exported during the accounting period in respect of which the return is furnished, together with such further evidence as, in the opinion of the Comptroller, is necessary to verify the accuracy of the export statement.