Clause 202

by inserting, immediately after subsection (7) of section 12, the following subsections:“(8) There shall be deemed to be derived from Singapore any commission or other payment paid to a junket promoter for arranging a junket with a casino operator in Singapore which is —

borne, directly or indirectly, by a person resident in Singapore or a permanent establishment in Singapore except in respect of any business carried on outside Singapore through a permanent establishment outside Singapore; or

deductible against any income accruing in or derived from Singapore.(9) In this section, “casino operator”, “junket” and “junket promoter” have the same meanings as in the Casino Control Act 2006.”;

by inserting, immediately after section 45G, the following section:“Application of section 45 to commission or other payment of junket promoter45H.—

Subject to subsection (2), section 45 shall apply in relation to the payment of any commission or other payment by any person to a junket promoter not known to him to be resident in Singapore for arranging a junket with a casino operator in Singapore as section 45 applies to any interest paid by a person to another person not known to him to be resident in Singapore and, for the purpose of such application, any reference in that section to interest shall be construed as a reference to such commission or payment.(2) For the purpose of this section, the deduction of tax under section 45 shall be at the rate of 3%.(3) In this section, “casino operator”, “junket” and “junket promoter” have the same meanings as in the Casino Control Act 2006.”; and

by deleting the words “or 45E (1)(a)” in section 46(1)(a) and substituting the words “, 45E (1)(a) or 45H”.