Singapore legislation
Section 44C
of Economic Expansion Incentives (Relief from Income Tax) Act
Section 44C
Tax relief period of export service company or firm
Amended by22/871/9522/871/95
(1)
The tax relief period of an export service company or firm shall commence on its commencement day and shall continue for such period, not exceeding 10 years, as the Minister may, in his discretion, determine.
Amended by22/871/95
(2)
The Minister may, where he is satisfied that it is expedient in the public interest to do so and subject to such terms and conditions as he may impose, extend the tax relief period of any export service company or firm for such further periods, not exceeding 5 years at any one time, as he may determine.
(3)
The tax relief period of an export service company or firm shall not in the aggregate exceed 20 years.
Amended by22/871/95