Singapore legislation

Clause 37

of Income Tax (Amendment) Bill

Clause 37

Amendment of section 46

Section 46 (1) of the principal Act is amended by deleting paragraph (b) and substituting the following paragraph:“(b)applicable to the share to which any person is entitled in the income of —

(i)

a body of persons (other than trustees); or

(ii)

a trust in respect of any dividend derived from Singapore from which tax is deducted or deductible under section 44;”.