Regulation 1
Citation
This Order may be cited as the Income Tax (Exemption of Foreign Income) (No. 4) Order 2007.
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Income Tax (Exemption of Foreign Income) (No. 4) Order 2007 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S369-2007 1947, currently marked in force and first recorded in 1947.
Citation
This Order may be cited as the Income Tax (Exemption of Foreign Income) (No. 4) Order 2007.
Exemption
Bonvests Holdings Ltd is hereby granted exemption from tax on the dividends received in Singapore from its subsidiary in Mauritius, Belle Mare Beach Development Company Limited, subject to the terms and conditions specified in the letter of approval dated 17th April 2007 addressed to the tax agent of Bonvests Holdings Ltd.
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