Singapore legislation

Regulation 5

of Income Tax (Exemption of Foreign Income) Order 2006

Regulation 5

Exemption for Mapletree Logistics Trust

Mapletree Logistics Trust shall —

(a)

with effect from 8th December 2005, be exempt from tax on any dividend derived from outside Singapore (being paid out of rental income earned in China and Hong Kong) and received in Singapore, subject to the conditions specified in the letter of approval dated 8th December 2005 addressed to the tax agent of Mapletree Logistics Trust;

(b)

with effect from 6th January 2006, be exempt from tax on any interest derived from outside Singapore (being paid out of rental income earned in China) and received in Singapore, subject to the conditions specified in the letter of approval dated 6th January 2006 addressed to the tax agent of Mapletree Logistics Trust; and

(c)

with effect from 8th February 2006, be exempt from tax on any interest derived from outside Singapore (being paid out of rental income earned in Hong Kong) and received in Singapore, subject to the conditions specified in the letter of approval dated 8th February 2006 addressed to the tax agent of Mapletree Logistics Trust.

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