Singapore legislation

Clause 5

of Income Tax (Amendment) Bill

Clause 5

Amendment of section 14B

Section 14B of the principal Act is amended by deleting paragraph (c) of subsection (3) and substituting the following: —“(c)any expenses incurred during its tax relief period (or qualifying period in the case of investment allowance) by a company which is given tax relief under the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 135);”.