Singapore legislation
Clause 16
Clause 16
New Schedules
The Ordinance is hereby amended by inserting immediately at the end thereof the following new Schedules: —“SIXTH SCHEDULE(Section 6 (1)).Rates of Estate Duty in the Case of Persons Dying on or After the 9TH Day of November, 1955, and —
If Death Occurred Before the 1ST Day of January, 1965, Wherever Domiciled; (2) If Death Occurred on or After the 1ST Day of January, 1965, and Before the 9TH Day of August, 1965, Where the Deceased Was Domiciled Outside Singapore and the States of Malaya, Sabah or Sarawak; (3) If Death Occurred on or After the 9TH Day of August, 1965, Wherever DomiciledPrincipal value of the Estate. Rate of Duty. $ For every dollar of the first 10,000 NilFor every dollar of the next 15,000 5 per centFor every dollar of the next 25,000 71/2 per centFor every dollar of the next 25,000 10 per centFor every dollar of the next 25,000 121/2 per centFor every dollar of the next 50,000 15 per centFor every dollar of the next 50,000 20 per centFor every dollar of the next 100,000 25 per centFor every dollar of the next 100,000 30 per centFor every dollar of the next 100,000 35 per centFor every dollar of the next 250,000 40 per centFor every dollar of the next 250,000 45 per centFor every dollar of the next 1,000,000 50 per centFor every dollar of the next 2,000,000 55 per centFor every dollar exceeding 4,000,000 60 per cent.SEVENTH SCHEDULE(Section 6 (1)).Rates of Estate Duty in the Case of Persons Dying on or After the 1ST Day of January, 1965, and Before the 9TH Day of August, 1965, Where the Deceased Was Domiciled in Singapore or the States of Malaya, Sabah or SarawakPrincipal value of the Estate. Rate of Duty. $ For every dollar of the first 25,000 NilFor every dollar of the next 25,000 5 per centFor every dollar of the next 50,000 71/2 per centFor every dollar of the next 50,000 10 per centFor every dollar of the next 50,000 121/2 per centFor every dollar of the next 100,000 15 per centFor every dollar of the next 100,000 20 per centFor every dollar of the next 200,000 25 per centFor every dollar of the next 200,000 30 per centFor every dollar of the next 200,000 35 per centFor every dollar of the next 500,000 40 per centFor every dollar of the next 500,000 45 per centFor every dollar exceeding 2,000,000 50 per cent.”.