50B. Tax credits for trust income to which beneficiary is entitled

a trustee of a trust receives income in Singapore from outside Singapore (called in this section the income) for which a tax credit is allowable under this Part against the tax payable in respect of the income; and

any beneficiary of the trust who is resident in Singapore is entitled to a share of the income,the tax credit in respect of that share must be given to the beneficiary instead of the trustee.

any income of a real estate investment trust within the meaning of section 43(10);

any income of a designated unit trust within the meaning of section 35(14);

[Deleted by Act 37 of 2014]

any income of a trust fund prescribed under section 13C;

any income of a foreign trust specified under section 13F;

any income of a locally‑administered trust prescribed under section 13N;

any income of a trust the trustee of which is a prescribed person under section 13D; or

any income of an approved trust fund referred to in the definition of “approved person” under section 13U(5), or of a trust fund that is a feeder fund or master fund approved under section 13U.