Clause 52
Amendment of section 45D
of Income Tax (Amendment) Bill
BillNot in forceProvision 52 of 73
Clause 52
Section 45D of the principal Act is amended by inserting, immediately after subsection (5), the following subsection:“(5A) This section shall not apply to any payment made on or after 1st January 2015 by a designated person to a branch in Singapore of a company incorporated outside Singapore and is a non-resident person.”.