Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 6) Order 2018
Regulation 2
Exemption
Subregulation 1
Dividends received in Singapore by Singapore Aerospace Manufacturing Pte Ltd and Accuron Industrial Technologies Limited (both companies incorporated in Singapore) from SAM Engineering & Equipment (M) Berhad (a company incorporated in Malaysia) from 1 April 2014 to 31 March 2015 (both dates inclusive), and derived from dividends received by SAM Engineering & Equipment (M) Berhad from SAM Meerkat (M) Sdn Bhd, SAM Precision (M) Sdn Bhd and LKT Automation Sdn Bhd (companies incorporated in Malaysia), are exempt from tax.
Subregulation 2
The exemption in sub‑paragraph (1) is subject to the conditions specified in paragraphs 3 and 4 of the letter of approval dated 8 October 2018 addressed to KPMG Services Pte. Ltd., the tax agent of Singapore Aerospace Manufacturing Pte Ltd and Accuron Industrial Technologies Limited.