Regulation 1
Citation
This Order may be cited as the Income Tax (Exemption of Foreign Income) (No. 5) Order 2005.
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Income Tax (Exemption of Foreign Income) (No. 5) Order 2005 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S513-2005 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. 5) Order 2005.
Exemption
Fortune Real Estate Investment Trust is hereby granted exemption from tax on the foreign dividends received in Singapore from the BVI-incorporated real property owning companies, subject to the condition specified in the letter of approval dated 11th April 2005 addressed to the tax agent of Fortune Real Estate Investment Trust.
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