Singapore legislation

Clause 18

Amendment of Fifth Schedule

The Fifth Schedule to the principal Act is hereby amended by deleting paragraph 4 thereof and substituting therefor the following: —“4. Where the Comptroller is satisfied that —

(a)

any unmarried child —

(i)

was receiving full-time instruction in a university or equivalent institution outside Singapore after being unable to gain admission to a similar institution in Singapore; or

(ii)

was pursuing a course of study not available on a full-time basis in Singapore; and

(b)

a sum exceeding the appropriate deduction was, during the year preceding the year of assessment, expended by an individual directly on the maintenance or education of such child,the allowable deduction shall be a sum equal to the total amount so expended but not exceeding double the amount of the appropriate deduction as provided for under paragraph (1) or (2) of this Schedule as the case may be.”.

Read in full context — Income Tax (Amendment) Bill →