Singapore legislation
Clause 41
Clause 41
Remission of tax for year of assessment 2009
There shall be remitted the tax payable for the year of assessment 2009 by an individual or Hindu joint family resident in Singapore an amount equal to —
(a)
20% of the tax payable for that year of assessment; or
(b)
$2,000,whichever is the lower, and the amount of such remission shall be determined by the Comptroller.