Singapore legislation
Regulation 50
of Income Tax (Exemption of Foreign Income) (Consolidation) Order
Regulation 50
Amended byS 315/96 — 19.7.96
There shall be exempt from tax the dividends received in Singapore by a company which is approved as a headquarters company under section 43E of the Act or as a Finance and Treasury Centre under section 43G of the Act from approved investments in countries outside Singapore, subject to the terms and conditions specified in the respective letter of approval addressed to each company.