4. Concessionary rate of tax
Feedback & supportLast amended by an amending law of 2017.
Tax shall be payable at the concessionary rate specified in section 43G(1A) of the Act on the income of a company derived from the operation of its approved Finance and Treasury Centre —
in respect of the provision of qualifying services which have been approved under section 43G(2)(a) of the Act; and
in respect of qualifying activities which have been approved under section 43G(2)(b) of the Act.
Paragraph (1) shall apply in relation to an approved Finance and Treasury Centre from such date as the Minister or such person as he may appoint may specify.
Subregulation 1
Tax shall be payable at the concessionary rate specified in section 43G(1A) of the Act on the income of a company derived from the operation of its approved Finance and Treasury Centre —
in respect of the provision of qualifying services which have been approved under section 43G(2)(a) of the Act; and
in respect of qualifying activities which have been approved under section 43G(2)(b) of the Act.
Subregulation 2
Paragraph (1) shall apply in relation to an approved Finance and Treasury Centre from such date as the Minister or such person as he may appoint may specify.