Singapore legislation

Clause 64

of Income Tax (Amendment) Bill

Clause 64

Repeal and re-enactment of section 105B

Section 105B of the principal Act is repealed and the following section substituted therefor:“Purpose of this Part105B. The purpose of this Part is to facilitate the disclosure of information to a competent authority —

(a)

under an avoidance of double taxation arrangement prescribed under section 105C in accordance with the EOI provision in that arrangement; or

(b)

under and in accordance with an EOI arrangement prescribed under section 105C.”.

Clause 64 — Income Tax (Amendment) Bill | laws.sg