Singapore legislation

Regulation 3

of Income Tax (Exemption of Foreign Income) Order 2006

Regulation 3

Exemption for Javana Pte Ltd, Somerset Grand Citra (S) Pte Ltd, Ascott Residences Pte Ltd and Somerset Philippines (S) Pte Ltd

Javana Pte Ltd, Somerset Grand Citra (S) Pte Ltd, Ascott Residences Pte Ltd and Somerset Philippines (S) Pte Ltd shall, with effect from 6th January 2006, be exempt from tax on any interest derived from outside Singapore and received in Singapore, subject to the conditions specified in the letter of approval dated 6th January 2006 addressed to their tax agent.

Read in full context — Income Tax (Exemption of Foreign Income) Order 2006 →