Singapore legislation
Regulation 2
Regulation 2
Exemption for Allco Investments No. 1 Pte Ltd and Allco Investments No. 2 Pte Ltd
Allco Investments No. 1 Pte Ltd and Allco Investments No. 2 Pte Ltd shall, with effect from 2nd February 2006, be exempt from tax on any distribution derived outside Singapore from a foreign trust and received in Singapore, subject to the conditions specified in the letter of approval dated 2nd February 2006 addressed to their tax agent.