Singapore legislation

Clause 6

of Income Tax (Amendment) Bill

Clause 6

Amendment of section 13A

Section 13A of the principal Act is hereby amended by inserting immediately after the definition of “holding company” appearing in subsection (10) thereof the following definition: —“ “income of a shipping enterprise” means the income derived by a shipping enterprise from the carriage of passengers, mails, livestock or goods by oceangoing ships to and from Singapore and includes income from the charter of such ocean-going ships;”.

Clause 6 — Income Tax (Amendment) Bill | laws.sg