Singapore legislation
Clause 11
Clause 11
Amendment of section 13N
Section 13N (7) of the principal Act is amended by deleting the definition of “relevant employment income” and substituting the following definition:“ “relevant employment income”, in relation to an NOR individual, means —where Cis the number of days in the year preceding that year of assessment for which the NOR individual is not physically present in Singapore by reason of the exercise of any employment in Singapore; Dis the number of days in the year preceding that year of assessment for which the NOR individual exercises any employment in Singapore; andEis the gains or profits from the exercise of any employment in Singapore by the NOR individual referred to in section 10(2)(a), (6) and (7), but excluding —
such perquisite as may be determined by the Comptroller;
leave pay; and
director’s fee.”