Clause 49
Amendment of section 45
of Income Tax (Amendment) Bill
BillNot in forceProvision 49 of 73
Clause 49
Section 45(9) of the principal Act is amended by deleting the full-stop at the end of paragraph (b) and substituting a semi-colon, and by inserting immediately thereafter the following paragraph:“(c)any interest liable to be paid on or after 21st February 2014 by a person to a branch in Singapore of a company incorporated outside Singapore and not known to him to be resident in Singapore.”.