Regulation 1
Citation and commencement
This Notification is the Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 and is deemed to have come into operation on 5 June 2018.
/akn/sg/act/sub_leg/1947/ITA-S231-2023
Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S231-2023 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
The interest of US$2,477,042 payable by Argosy Pte. Ltd. to Mizuho Bank, Ltd. during the period from 5 June 2018 to 24 June 2021 (both dates inclusive) in respect of the loan amount of US$72,000,000 under a loan agreement dated 25 March 2013 between Mizuho Bank, Ltd. and Argosy Pte. Ltd., that is used for the purpose of financing the purchase of the vessel “APL Oregon”, is exempt from tax.
Subregulation 2
The exemption in sub-paragraph (1) is subject to the conditions specified in the letter from the Ministry of Finance dated 6 April 2023 and addressed to Argosy Pte. Ltd.
Common questions
- What is Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023?
- Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S231-2023 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 still in force?
- Yes — Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 is currently in force.
- When did Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 take effect?
- Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 was first recorded in 1947.
- How many regulations does Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 have?
- Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 contains 2 regulations.
- Where can I read the official version of Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023?
- The official text of Income Tax (Argosy Pte. Ltd. — Section 13(4) Exemption) (No. 2) Notification 2023 is published at sso.agc.gov.sg.