Clause 54
Amendment of section 45G
of Income Tax (Amendment) Bill
BillNot in forceProvision 54 of 73
Clause 54
Section 45G of the principal Act is amended by inserting, immediately after subsection (4), the following subsection:“(4A) Subsection (1) shall not apply to any distribution made on or after 1st January 2015 by a trustee of a real estate investment trust to a branch in Singapore of a company incorporated outside Singapore and not known to the trustee to be resident in Singapore.”.