Singapore legislation

Clause 38

of Income Tax (Amendment) Bill

Clause 38

Remission of tax

(1)

There shall be remitted 5% of the tax payable for the year of assessment 1993 by an individual or Hindu joint family resident in Singapore and the amount of such remission shall be determined by the Comptroller.

(2)

There shall be remitted the tax payable for the year of assessment 1994 by an individual or Hindu joint family resident in Singapore of an amount not exceeding $700 and the amount of such remission shall be determined by the Comptroller.

Clause 38 — Income Tax (Amendment) Bill | laws.sg