Singapore legislation

Clause 25

of Income Tax (Amendment) Bill

Clause 25

Amendment of section 43

Section 43 of the principal Act is amended —

(a)

by deleting “30%” in subsection (1)(a) and (b) and substituting in each case “27%”;

(b)

by deleting “30%” in the first line of subsection (2) and substituting “27%”; and

(c)

by deleting the full-stop at the end of paragraph (c) of subsection (2) and substituting a semi-colon, and by inserting immediately thereafter the following paragraph:“(d)for the year of assessment 1993, be read as a reference to 30%.”.

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