Singapore legislation

Clause 5

Amendment of section 105K

Section 105K(1) of the principal Act is amended —

(a)

by inserting, immediately after paragraph (a), the following paragraph:“(aa)a competent authority agreement between the Government and —

(i)

the government of another country; or

(ii)

the governments of 2 or more countries;”;

(b)

by deleting the words “that agreement” in paragraph (b) and substituting the words “an agreement in paragraph (a) or (aa)”; and

(c)

by deleting paragraph (c) and substituting the following paragraph:“(c)any other agreement or arrangement between the Government and —

(i)

the government of another country; or

(ii)

the governments of 2 or more countries,which makes provision corresponding, or substantially similar, to that made by an agreement in paragraph (a), (aa) or (b).”.

Read in full context — Income Tax (Amendment No. 2) Bill →