Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 8) Order 2017
Regulation 2
Exemption
Subregulation 1
Dividends received in Singapore by Frasers Amethyst Pte. Ltd. (a company incorporated in Singapore) on or after 25 July 2017 from Frasers Australand Pty Ltd (a company incorporated in Australia) are exempt from tax.
Subregulation 2
The exemption in sub‑paragraph (1) is subject to the conditions specified in paragraphs 5, 9 and 10 of the letter of approval dated 25 July 2017 addressed to Ernst & Young Solutions LLP, the tax agent of Frasers Amethyst Pte. Ltd.