Income Tax Act 1947 · 2020 Revised Edition · Part 12 · Deduction of Tax at Source
45H. Application of section 45 to commission or other payment of licensed international market agent
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Subject to subsection (2), section 45 applies in relation to the payment of any commission or other payment by any person to a licensed international market agent not known to the person to be resident in Singapore for organising or conducting a casino marketing arrangement with a casino operator in Singapore as section 45 applies to any interest paid by a person (X) to another person (Y) not known to X to be resident in Singapore and, for the purpose of such application, any reference in that section to interest is a reference to such commission or payment.
For the purpose of this section, the deduction of tax under section 45 is at the rate of 3%.
Subsection (1) does not apply to any payment liable to be made on or after 1 January 2015 by any person to a branch in Singapore of a licensed international market agent, being a company incorporated outside Singapore and not known to the person to be resident in Singapore.
company
“company” means any company incorporated or registered under any law in force in Singapore or elsewhere;
In this section, “casino marketing arrangement”, “casino operator” and “international market agent” have the meanings given by the Casino Control Act 2006.