Singapore legislation

Clause 9

Amendment of section 37

Section 37 of the principal Act is amended —

(a)

by deleting the full-stop at the end of paragraph (c)(ix) of subsection (2) and substituting a semicolon, and by inserting immediately thereafter the following paragraph:“(d)an amount equivalent to the value of any gift of a computer (including computer software and peripherals) approved by the Minister and made by any company in the year preceding the year of assessment to a prescribed educational or research institution in Singapore.”; and

(b)

by deleting the words “and (c)” in subsection (2A) and substituting the words “, (c) and (d)”.

Read in full context — Income Tax (Amendment No. 2) Bill →