Singapore legislation

Regulation 4

of Income Tax (Concessionary Rate of Tax for Provision of Processing Services to Financial Institutions) Regulations 2005

Regulation 4

Concessionary rate of tax

Tax shall be payable at the rate of 5% on the income derived by an approved company on or after 27th February 2004 in respect of the provision of any prescribed processing services to —

(a)

any financial institution; or (b)another approved company.

Read in full context — Income Tax (Concessionary Rate of Tax for Provision of Processing Services to Financial Institutions) Regulations 2005 →