Singapore legislation

Clause 6

of Income Tax (Amendment) Bill

Clause 6

Amendment of section 13H

Section 13H of the principal Act is amended —

(a)

by deleting paragraph (a) of subsection (4) and substituting the following paragraphs:“(a)in the case of income which is exempt from tax, expenses allowable under this Act for that year of assessment which are attributable to that income;

(aa)in the case of income which is taxed at a concessionary rate, expenses and donations allowable under this Act for that year of assessment which are attributable to that income;”;

(b)

by inserting, immediately after the words “paragraphs (a),” in subsection (4)(d), “(aa),”; and

(c)

by deleting the word “donations,” wherever it appears in subsection (5).

Clause 6 — Income Tax (Amendment) Bill | laws.sg