Singapore legislation

Clause 14

of Income Tax (Amendment) Bill

Clause 14

Amendment of section 15

Section 15 of the principal Act is amended by inserting, immediately after subsection (2B), the following subsection:“(2C) Besides subsection (1)(b) and (d) (which are disapplied under subsection (2)), the other paragraphs of subsection (1) also do not apply to expenditure which qualifies for deduction under section 14D(1)(g).”.

Clause 14 — Income Tax (Amendment) Bill | laws.sg