Regulation 1
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 11) Notification 1996.
/akn/sg/act/sub_leg/1947/ITA-S431-1996
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Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 11) Notification 1996 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S431-1996 1947, currently marked in force and first recorded in 1947.
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 11) Notification 1996.
The interest and fees payable to Banca Di Roma, Houston Agency, US; SunTrust Bank, Atlanta and Citicorp International Ltd, Hong Kong by Tech Semiconductor Singapore Pte Ltd under the Revolving Credit Facility Agreement dated 15th November 1995 shall be exempt from tax from 15th November 1995 to 30th April 2002.