Singapore legislation
Clause 20
Clause 20
Amendment of section 25
Section 25(2) of the principal Act is amended by inserting, immediately after paragraph (d), the following paragraphs:“(da)provide for the circumstances in which, instead of a refund of any amount being made to a person, the amount may or is to be used to reduce the whole or any part of any tax due or which may become due from the person under this Act, by the whole or any part of such amount and to further provide that —
the amount of the tax due from the person is reduced by the amount of the reduction; and
the amount of the reduction is, to the extent of that amount, deemed to have been refunded to the person by the Comptroller;
(db)provide that, where the Comptroller makes any refund to a person, the Comptroller may deduct from the refund any expenses that the Comptroller may incur in making the refund;”.