Singapore legislation
Clause 35
of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill
Clause 35
Consequential amendments to Income Tax Act
The Income Tax Act (Cap. 134) is amended —
by deleting the words “section 19J(5)” in paragraph (c) of the definition of “concessionary rate of tax” in section 14C(6) and substituting the words “section 19J(5C) or 19KA(1)(b) (as the case may be)”;
by inserting, immediately after the words “section 97V of the Economic Expansion Incentives (Relief from Income Tax) Act” in section 37C(15)(b), the words “in force immediately before the date the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2016 is published in the Gazette”;
by inserting, immediately after the words “section 97T(2) of the Economic Expansion Incentives (Relief from Income Tax) Act” in paragraph (e) of the definition of “ “claimant company” or “transferor company” ” in section 37C(19), the words “in force immediately before the date the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2016 is published in the Gazette”; and
by inserting, immediately after the words “section 97V of the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86)” in section 37E(10), the words “in force immediately before the date the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2016 is published in the Gazette”.