Singapore legislation

Clause 31

of Income Tax (Amendment) Bill

Clause 31

Amendment of section 48

Section 48 of the principal Act is amended by inserting, immediately after subsection (5), the following subsection:“(6) Any person granted relief from tax in Singapore under this section on any income shall not be given any tax credit under section 50A or any regulations made thereunder in respect of that income.”.

Clause 31 — Income Tax (Amendment) Bill | laws.sg