Regulation 2
Exemption for Allco Investments No. 1 Pte Ltd and Allco Investments No. 2 Pte Ltd
of Income Tax (Exemption of Foreign Income) Order 2006
Subsidiary LegislationIn forceProvision 2 of 7
Regulation 2
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.