Singapore legislation
Clause 15
Clause 15
Amendment of section 15
Section 15(1) of the principal Act is amended —
(a)
by inserting, immediately after the words “sections 14(1)(e)” in paragraph (h), the words “and (ea)”; and
(b)
by deleting the word “and” at the end of paragraph (j), and by inserting immediately thereafter the following paragraphs:“(ja)any outgoings and expenses incurred in respect of any unit trust designated under section 35(7C) if the person is a unit holder of such trust;
(jb)any amount of output tax paid or payable under the Goods and Services Tax Act which is borne by the person if he is registered as a taxable person under that Act [Cap. 117A]; and”.