Singapore legislation
Clause 8
Clause 8
Amendment of section 13N
In the principal Act, in section 13N —
(a)
in subsection (3), in the definition of “relevant income”, in paragraph (b), delete “excluding, in respect of a prescribed locally‑administered trust, any dividend received by the trust from a prescribed holding company not resident in Singapore, if the dividend is paid out of income that is not the relevant income of the holding company”;
(b)
in subsections (4)(a), (b), (c)(i) and (d)(i), (5) and (7), replace “2025” with “2028”; and
(c)
in subsection (4)(c)(ii) and (d)(ii), replace “2024” with “2027”.