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Income Tax (Amendment) Bill/Clause 18

Singapore legislation

Clause 18

of Income Tax (Amendment) Bill

Clause 18

Amendment of section 14I

Section 14I of the principal Act is amended by inserting, immediately after subsection (6), the following subsection:“(6AA) Subsections (5) and (6) do not apply to any bank or qualifying finance company for the years of assessment 2021 and 2022.”.

Read in full context — Income Tax (Amendment) Bill →
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