Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 2) Order 2006
Regulation 2
Exemption for Henley Investments (Asia) Pte Ltd, Primerich Investment Pte Ltd, GOT Pte Ltd and Lovage International Pte Ltd
Henley Investments (Asia) Pte Ltd, Primerich Investment Pte Ltd, GOT Pte Ltd and Lovage International Pte Ltd shall, with effect from 20th April 2006, be exempt from tax on any dividend and interest derived from outside Singapore (both being paid out of rental income earned in Indonesia) and received in Singapore, subject to the conditions specified in the letter of approval dated 20th April 2006 addressed to their tax agent.