Singapore legislation

Clause 15

Amendment of section 14E

Section 14E of the principal Act is amended —

(a)

by deleting “2013” in subsection (1)(aa) and substituting “2015”; and

(b)

by inserting, immediately after subsection (3A), the following subsection:“(3AA) No deduction shall be allowed to any person under this section in respect of any expenditure for which a deduction has been allowed under section 14DA(1A) or (1B).”.

Read in full context — Income Tax (Amendment) Bill →